USD/JPY broke resistance level 112.90

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).

jpy

Similar

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera