empty
 
 
11.10.2021 05:12 PM
USDJPY making new 2 year highs

For three consecutive weeks USDJPY is making new higher highs. This week started very strong and price is now breaking levels not seen since 2019. Price is now trading at 113.29 and trend remains clearly bullish.

This image is no longer relevant

Red line -resistance (broken)

USDJPY is exploding higher. After our bullish signal and breakout above the red downward sloping resistance trend line at 110-110.20, bulls have not looked back. Price is making higher highs and higher lows with the RSI breaking to new short-term higher highs.

This image is no longer relevant

Black line - weekly resistance

The weekly breakout in USDJPY combined with this week's new higher high is a confirmation that bulls are in full control of the trend and price can continue higher over the coming weeks or even months. Any pull back in USDJPY is considered a buying opportunity as long as price is above 109.50.

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 $6000 more!
    In December we raffle $6000 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