Good morning fellow traders,

I will keep my analysis of USD/JPY cross. At this right moment mark: 103.38

Prediction: LOW

Technical Key levels:
H1 Timeframe:
Resistance: 104.28
1st support: 103.20
2nd support: 102.29
Fibonacci Retracement (38,2%): 103.28
Fibonacci Retracement (61.8%): 102.73

Despite the behaviour of exchange rate ast Friday attempting NFP and Unemployment rate data, now we are assisting what make sense incorporating those informations.

I expect in this hours/days ahead the cross will achieve 2nd support line above. Is not a question of if but when.
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –