USDJPY had broken the resistance level at 98.11 strongly yesterday. With that breaking, I think it shows that USDJPY is in bullish momentum. So, for today, I think USDJPY has a potential to continue going up and reach the next resistance level at 98.37 or even higher. Yesterday, the USD/JPY pair had a bearish power. The price already touched daily support 1 level (97.490) and lower trend line.
Today, the pair going up and will face a strong resistance around 99
if it can break level 99 and break down trend , we may see good up movements tell 101.50 at least. In addition, the USD/JPY pair is now uptrend, as its prices is already breaking out its daily pivot point (97.970). I think the price may touch Fibonacci 161.8 level (98.330) and upper trend line.
Just share your opinions regarding USDJPY.
Today, the pair going up and will face a strong resistance around 99
if it can break level 99 and break down trend , we may see good up movements tell 101.50 at least. In addition, the USD/JPY pair is now uptrend, as its prices is already breaking out its daily pivot point (97.970). I think the price may touch Fibonacci 161.8 level (98.330) and upper trend line.
Just share your opinions regarding USDJPY.
