USDJPY Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:25 UTC
USDJPY remains in uptrend from 75.57 (Oct 31, 2011), the fall from 125.85 is likely consolidation of the uptrend. Range trading between 120.00 and 125.85 is possible over the next several weeks. As long as 120.00 support holds, the uptrend could be expected to resume, and one more rise to 130.00 area is still possible after consolidation.

usdjpy chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.