Sponsors

USDJPY Daily Analysis - October 4, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 04 October 2016 01:40 UTC
USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 104.31 had completed at 100.08 already. Further rally could be expected, and next target would be at 104.00 zone. Support levels are at 100.65 and 100.08, only break below these levels could trigger another all to test 99.52 (Aug 16 low) support.

usdjpy chart
Save

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.

Sponsors

Subscribe to Newsletter

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