Aurum Markets Blog Technical Analysis Should we expect a bullish trend on USDJPY?

Should we expect a bullish trend on USDJPY?

Should we expect a bullish trend on USDJPY? post thumbnail image

A strong resistance level has been breached at 142.7600 on the 30 Minutes USDJPY chart. Technical Analysis theory forecasts a movement to 143.4939 in the next 21 hours.

Supported by Upward sloping Moving Average

Target: 143.4939 Entry: 142.894 Stop: 142.2687

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