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USD/JPY Price Analysis: Bullish continuation on the cards
USD/JPY 140.16 and 139.50 are vulnerable on the downside. Bulls eye a break of 140.91 in the coming sessions. Having briefly touched a six-month high of 140.91, USD/JPY, the US Dollar drifted lower and USD/JPY reached 140.40 the low. The following illustrates a bullish bias on the charts. USD/JPY H4 charts: charts The price has been hugging a trendline support area and there is little sign that the bullish trend will not continue while above 140.00. We have seen a pullback into prior resistance and this leaves the prospects of a continuation for the days ahead. 140.90 is the level to break on the upside while ... (full story)
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