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USD/JPY Forecast July 21, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 21 July 2016 06:43 UTC
The USD/JPY pair initially tried to fall during the course of the day on Wednesday but turned right back around to form a bullish candle. With this, the market looks as if it is ready to continue going higher but there is a significant amount of noise just above. This market though should find itself going towards the 108 level, and then eventually the 110 level. A pullback at this point in time will more than likely find support near the 105 level, extending all the way down to the 104 level.

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