USD/JPY seesaws near June month low amid oversold RSI conditions. Prices can slump to 105.30 on a downside break while having multiple upside barriers. Following its failure to rise beyond 100-day EMA, USD/JPY revisits June lows while trading near 107.06 ahead of European market open on Friday. June month low near 106.78 now grabs sellers’ attention amid oversold conditions of 14-day relative strength index (RSI) as a break of which can drag the quote to 105.30 ahead of highlighting March 2018 low surrounding 104.60. During the pullback, mid-July low near 107.20, 108.00 and 21-day exponential moving average (EMA) level of 108.15 is likely immediate resistances that can please buyers. On a further run-up above 21-day EMA, 61.8% Fibonacci retracement of March – October 2018 upside at 108.43 and 109.00 hold the gate for the pair’s another confrontation to 100-day EMA level of 109.18. USD/JPY daily chart Trend: Pullback expected FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia: Retail sales grew 0.4% in June – ANZ FX Street 4 years USD/JPY seesaws near June month low amid oversold RSI conditions. Prices can slump to 105.30 on a downside break while having multiple upside barriers. Following its failure to rise beyond 100-day EMA, USD/JPY revisits June lows while trading near 107.06 ahead of European market open on Friday. June month low near 106.78 now grabs sellers' attention amid oversold conditions of 14-day relative strength index (RSI) as a break of which can drag the quote to 105.30 ahead of highlighting March 2018 low surrounding 104.60. During the pullback, mid-July low near 107.20, 108.00 and 21-day exponential moving average (EMA) level of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
