Trade Alert
In order to aim a bit lower, we need to see a break below the 111.85 hurdle, before we might get comfortable with the further downside. But even then, the pair might find good support near the short-term upside support line.
For higher levels, a confirmation break above the 112.10 barrier would form a higher high and could allow USDJPY to make a furthe move north.
Please see the chart for levels.
Don't forget your stop-loss.
In order to aim a bit lower, we need to see a break below the 111.85 hurdle, before we might get comfortable with the further downside. But even then, the pair might find good support near the short-term upside support line.
For higher levels, a confirmation break above the 112.10 barrier would form a higher high and could allow USDJPY to make a furthe move north.
Please see the chart for levels.
Don't forget your stop-loss.