A clear break under 139.00 in USD/JPY would signal further losses, with the first target at the June low of 138.40. On the upside, resistance is seen at 139.75 and then 140.00. Consolidation above 140.00 could lead to an acceleration to the upside , The pair is now moving above the average 200 and also inside the continuation triangle, which if it is breached to the upside, will reach the level of 140.90, after re-testing the triangle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.