USDJPY approaching support, potential for a bounce!
USDJPY is expected to drop to 1st support at 105.855 where it could potentially react off and up to 1st resistance at 106.118.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Usdjpylongsetup
USDJPY approaching resistance, look out for potential reversal!
USDJPY is approaching its resistance at 106.766 where it is could reverse down to its support at 106.121.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDJPY bounced from support, potential for a further rise!
USDJPY bounced off 105.990 where it could potentially rise further to 106.820.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDJPY approaching resistance, look out for potential reversal!
USDJPY is approaching 106.836 where it is could reverse down to its support at 105.885.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDJPY approaching resistance, look out for potential reversal!
USDJPY is approaching its resistance at 106.705 where it is could reverse down to its support at 105.082.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.