Long

HelenP. I USDJPY can break resistance and continue to grow

Hi folks today I'm prepared for you JAPANESE YEN analytics. At the beginning of last month, the price could not fix above the resistance zone 136.95-137.70 and began to decline. Over time, the Japanese Yen created a downward channel and continued to decline. After reaching the level 129.75, the price formed a support zone from which it began to move up and broke through the resistance at the level 132.20. Japanese Yen continued to rise, but not gaining a foothold above the level 133.50, the price dropped and re-tested current support. The price is currently trading above the level 132.20 and may continue to rise and break through resistance at level 133.50. It seems to me that after a possible breakdown of the resistance level, the price may continue to move up. Therefore, targets for USD/JPY will be set at levels 133.50 and 134.65. If you like my analytics you can support me with your like/comment ❤️

FirstNameHelen

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