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USD/JPY Forecast: Approaching key 121.45 region

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 5, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 121.28 View Live Chart for the USD/JPY Approaching key 121.45 region. The USD/JPY pair advanced up to 121.37 at the beginning of the day, having once again met buying interest on a pullback towards the 121.00 level, but still unable to advance beyond the critical resistance at 121.45. The pair is biased higher in the short term, as the 1 hour chart shows that the price is well above its moving averages, whilst the technical indicators have resumed their advances above

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