Chat

USDJPY News

(0 votes)


Last Updated Date: 16 February 2022 @ 1:47 PM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is staying contained within a bear flag formation. Stable action over 115.80 is near term friendly. However, a close over 116.08 is needed to secure a turnaround and launch a drive to higher levels. Yesterday’s drop off warns for a roll back to lower prices. A close under 115.05 will rekindle bear trending selloffs that will attack under the 114.30 swing low.

Resistance 2       116.08
Resistance 1       115.80
 
Support 1            115.34
Support 2            115.06

 
 
Chart

USDJPY Live Price


sell
buy
Daily price range:
Low
High


Previous
Next
back to top

  Facebook Instagram Twitter LinkedIn YouTube
 
*Trading Forex and CFD's is Risky

FxGrow is a brand name of Growell Capital, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with (CIF) license no. 214/13.
RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.