USDJPY 122.50 – Neutral – Consolidates above the immediate support zone
USDJPY is consolidating within a 3-week range under the 123.76 high (November 18, 2015). While the 121.50 area (October 30, 2015 range high) provides support to contain the dips, scope remains for upside. A break above 123.76 would extend the current upleg from the 118.06 low (October 15, 2015) to challenge the 125.27/125.85 resistance zone (August 12/June 5, 2015 highs). However, a clean loss of the 121.50 area would caution bulls and signal further weakness towards 120.01 (October 28, 2015 low) ahead of the 3-year rising trendline (from September 24, 2012 low).
Outlook:
Intraday: neutral
Daily: neutral
Weekly: bullish
USDJPY is consolidating within a 3-week range under the 123.76 high (November 18, 2015). While the 121.50 area (October 30, 2015 range high) provides support to contain the dips, scope remains for upside. A break above 123.76 would extend the current upleg from the 118.06 low (October 15, 2015) to challenge the 125.27/125.85 resistance zone (August 12/June 5, 2015 highs). However, a clean loss of the 121.50 area would caution bulls and signal further weakness towards 120.01 (October 28, 2015 low) ahead of the 3-year rising trendline (from September 24, 2012 low).
Outlook:
Intraday: neutral
Daily: neutral
Weekly: bullish
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.