$USDJPY Support building but looking for fundamental direction
Support at 118.20 area.
• Price is staying between 118.20 - 119.40 range. Looking for fundamental direction. Which we could get from Yellen.
•Looking for a push towards 120.50 area.
•If we do see a dip the rising trend line around 117.90 could act as a support.
•Long-term bullish bias is favored as long as BOJ still keeps printing Yen and USD early rate hikes still on the table.
•Long term Goal is still 124.00
• Price is staying between 118.20 - 119.40 range. Looking for fundamental direction. Which we could get from Yellen.
•Looking for a push towards 120.50 area.
•If we do see a dip the rising trend line around 117.90 could act as a support.
•Long-term bullish bias is favored as long as BOJ still keeps printing Yen and USD early rate hikes still on the table.
•Long term Goal is still 124.00
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.