USDJPY Weekly Analysis - October 18, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 18 October 2014 09:59 UTC
USDJPY's fall from 110.08 extended to as low as 105.19, however, the fall is likely correction of the uptrend from 101.06, another rise towards 115.00 could be expected after correction. Resistance is at 108.00, a break above this level will indicate that the fall from 110.08 is complete, then further rise to test 110.08 resistance could be seen.

usdjpy chart

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