USDJPY breaks major trendline resistance,
MACD confirms a bullish crossover on signal line and momentum is also with the bulls, raising scope for further upside.
Price action hovers around 88.6% Fib retracement at 116.66, bulls eyes upper month BB at 117.94. Bullish invalidation only below 55-EMA.
Technical analysis for the pair supports a bullish stance. Price action has broken major trendline resistance
Price action hovers around 88.6% Fib retracement at 116.66, bulls eyes upper month BB at 117.94. Bullish invalidation only below 55-EMA.
Technical analysis for the pair supports a bullish stance. Price action has broken major trendline resistance
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