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Mihai_Iacob

UsdJpy could rise to 135 zone

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Dolar A.S. / Yen Jepun (OANDA:USDJPY)  
Mihai_Iacob  
OANDA:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyanalysis usdjpylong usdjpybuy usdjpyforecast usdjpysignal signals forexsignals
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trendanalysis chartpattern indicator usdjpy usdjpyanalysis usdjpylong usdjpybuy usdjpyforecast usdjpysignal signals forexsignals
After an initial drop yesterday, UsdJpy reversed from this important zone of support, leaving a nice Pin Bar on our daily chart.
This could be the signal for a reversal and bulls could target 135 resistance.
Confirmation for a rise coms with da daily close above yesterday's high and this outlook is valid as long as yesterday's low remains intact.
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