elephantsinnternationalltd
is USDJPY actually breaks a 3 months trendline or if another pull back of some kind?
Key focus:
- USDJPY- Breaks a 3 months down trendline
- Price is above 155 period simple moving average
The Japanese yen has been on the rise for the past few weeks. It is currently trading at 138.00 and is moving up after a successful breakout test.
USD JPY rates by TradingView
Chart by Calibre Markets Africa
The currency has been trading in a range between 138.00 and 134.00 since December 2nd and it looks like it is ready to break through this resistance level and head higher towards 145.
calibremarkets.africa/index.php/2022/12/20/is-usdjpy-actu...
is USDJPY actually breaks a 3 months trendline or if another pull back of some kind?
Key focus:
- USDJPY- Breaks a 3 months down trendline
- Price is above 155 period simple moving average
The Japanese yen has been on the rise for the past few weeks. It is currently trading at 138.00 and is moving up after a successful breakout test.
USD JPY rates by TradingView
Chart by Calibre Markets Africa
The currency has been trading in a range between 138.00 and 134.00 since December 2nd and it looks like it is ready to break through this resistance level and head higher towards 145.
calibremarkets.africa/index.php/2022/12/20/is-usdjpy-actu...