empty
 
 
20.09.2021 02:35 PM
USDJPYU rejected at key trend line resistance.

In our last analysis USDJPY was challenging the important resistance of 110-110.20. Price today got rejected and is now trading at 109.50. This rejection is a bearish signal and a sign of vulnerability. Price can continue lower towards the important support of 109. Price continues to be trapped between 109-110.

This image is no longer relevant

Red line - resistance

USDJPY confirmed the importance of the resistance trend line. As long as price is below this resistance trend line, price will remain vulnerable to a move lower. Failure to hold above support at 109 will be a bearish signal and will push price lower towards 108-107 area. Despite today's rejection, USDJPY remains in a neutral sideways trend for some time now.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback