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USDJPY Targets More Strength Towards The 120.56 Zone

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USDJPY - The pair remains on the offensive as it looks to push further higher towards its resistance at 120.56. On further bullishness, risk should build up towards the 121.00 level. Above here will aim at the 121.50 level. A break will target the 122.00 level. Further out, resistance comes in at the 122.50 level where a violation will aim at the 122.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. On the downside, support comes in at the 119.50 level where a

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