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U.S. Dollar / Japanese Yen
Long

USDJPY Testing Resistance, Potential Breakout!

By ICmarkets
Broker
USDJPY is testing its resistance at 112.64 (100% Fibonacci extension, 38.2% & 78.6% Fibonacci retracement, horizontal swing high resistance) where if broken, could rise to its next resistance at 112.90 (61.8% extension, horizontal swing high resistance)
RSI (55) has broken out of its descending resistance line.
audCADChart PatternsEURGBPHarmonic PatternsjpyTrend AnalysisUSDUSDJPYusdjpylong
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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