Technical levels of AUD/CAD
USD/JPY broke resistance level 112.90
- USD/JPY broke resistance level 112.90
- Next buy target - 114.00
USD/JPY has been rising in the last few trading sessions inside the minor impulse wave 3 which broke through the resistance trendline of the daily down channel from the end of October and the resistance level 112.90 – which stopped the pair earlier this month. USD/JPY is expected to rise to the next buy target at the next resistance level 114.00 (which reversed the price in October and November).
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...