EUR/CHF reversed from support area Next buy target - 1…
USD/JPY reversed from support zone
- USD/JPY reversed from support zone
- Next buy target - 111.00
USD/JPY recently reversed up from the support zone lying between the key support level 109.10, support trendline of the daily up channel from March and the 50-day moving average. USD/JPY is expected to rise further toward the next buy target at the next resistance level 111.00 (high of the previous minor ABC correction 2 from May). Strong support remains at 109.10.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…