Wed, Apr 24, 2024 @ 05:57 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisUSDJPY Strongly Bearish Below 107.29 Level

USDJPY Strongly Bearish Below 107.29 Level

Octa
By Octa

The USDJPY pair remains strongly bearish while price-action trades below the 107.29 level, further downside towards 106.89 and 106.60 appears likely.

Should the USDJPY pair start to hold above the key 107.29 level for an extended period, we may see a upside correction back towards the 107.84 and 108.40 resistance areas.

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.