USD/JPY reached sell target 110.00

USD/JPY reached sell target 110.00

  • USD/JPY reached sell target 110.00
  • Next sell target - 108.10

USD/JPY has been under strong bearish pressure lately – following the earlier breakout of the support area lying at the intersection of the support level 110.00 (which was set as the sell target in our previous forecast for this currency pair) and the support trendline of the daily Triangle from March. The breakout of this support area accelerated the active minor ABC correction (ii). USD/JPY is expected fall to next sell target at the next support level 108.10 (low of the previous correction (2) from April).

jpy

Similar

USD/JPY: bearish "Harami"

The pair is likely going to test the upper "Window", which could be a departure point for a downward correction...

Popular

promotions you can be interested in

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

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