USD/JPY broke the resistance zone

USD/JPY broke the resistance zone

  • USD/JPY broke the resistance zone
  • Next buy target - 110.00

USD/JPY recently broke the resistance zone lying between the key resistance level 108.30 (former support from January and February) and the 38.2% Fibonacci correction of the sharp downward impulse from the start of January. USD/JPY is expected rise fall toward the next buy target at next resistance level 110.00 (high of the previous correction 4 from February and the target for completion of wave (3)).

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