View full page at forexfactory.com

 

USDJPY to Target 109.00 Next Week?

From dailypriceaction.com

The USDJPY has performed well for us lately. Will it continue to do so? Let’s discuss what needs to happen for USDJPY to climb even higher next week. But first, let’s recap the last couple of weeks. The September 5 break above 106.80 was something I discussed several times as a possibility given the higher lows in late August and early September. USDJPY hit our 120-pip target at 108.00 on September 12. Then came the close above channel resistance last week. I discussed that in Sunday’s video. More specifically, I was waiting to see how USDJPY would react to the level as new support. That brings us to the last 48 ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis