USDJPY Daily Analysis - September 12, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 12 September 2016 02:09 UTC
USDJPY's rise from 101.20 extended to as high as 103.05. Further rise to test 104.31 resistance is possible in a couple of days. A break of this level will signal resumption of the uptrend from 99.52, then next target would be at 106.30 area. Near term support is at 101.80, only break below this level could bring price back to test 99.52 key support.

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.