USDJPY Short-term Technical Outlook
These technical outlooks are NOT trade ideas, they are simply technical analysis to give traders a DIRECTIONAL BIAS on the day.
Good evening traders!
Down move was quickly bought up off the 115.00 lows changing the bias from to the downside to neutral.
First key resistance lies at 117.75.
Only a break above the figure will expose further upside.
A failure to sustain above the figure will likely attract sellers.
First key support to protect from further downside lies at 116.05.
Enjoy!
Good evening traders!
Down move was quickly bought up off the 115.00 lows changing the bias from to the downside to neutral.
First key resistance lies at 117.75.
Only a break above the figure will expose further upside.
A failure to sustain above the figure will likely attract sellers.
First key support to protect from further downside lies at 116.05.
Enjoy!
