
The US dollar is starting to recover above the 106.00 level against the Japanese yen currency as the greenback comes back into demand. The USDJPY pair is currently trapped within a wide-ranging triangle pattern between the 105.80 to 106.68 levels. Traders now should expect the USDJPY pair to test both sides of the triangle before making a definitive technical breakout.
The USDJPY pair is bearish while trading below the 105.80 level, key support is found at the 105.40 and 105.00 levels.
The USDJPY pair is only bullish while trading below the 106.68 level, key technical resistance is found at the 107.00 and 107.30 levels
– advertisement –
Recommend professional Forex robots
Written by Admin
Product categories
Finance news
![]() GameStop jumps 5% in extended trading after announcing 4-for-1 stock splitA screen displays the logo and trading information for GameStop on the floor of the ... Read More Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and moreThese are the stocks posting the largest moves in midday trading. Signal2frex feedbacks ... Read More ![]() FTX signs a deal giving it the option to buy crypto lender BlockFiSam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, ... Read More |
Product tags
automated trading best forex ea best forex robot EA for Mt4 Forex advisor ADX indicator forex advisor CCI forex EA free forex expert advisor forex robot 2021 forex robot free download forex scalper robot forex software free EA Keltner channel autotrading forex robot moving average robot mq4 file mq4 trading robot scalping bot forex