The pair trades 0.14% higher today as risk sentiment improves. There is a rising wedge formation on the daily chart that is being well respected. Daily Chart USD/JPY has been performing well of late in relative terms. The price is now testing the top of the rising wedge pattern once again after rejecting it last week. The 109.00 psychological support level managed to hold overnight and now the price is 0.14% higher. If the pattern breaks higher the next resistance zone is just under the 110.00 at 109.75. The level to beat for the bulls is 109.49 which is the previous wave high. At the moment the price is still making higher lows and higher highs so the bullish scenario remains. Additional levels 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 Gold hangs near multi-month lows, just above $1450 region FX Street 3 years The pair trades 0.14% higher today as risk sentiment improves. There is a rising wedge formation on the daily chart that is being well respected. Daily Chart USD/JPY has been performing well of late in relative terms. The price is now testing the top of the rising wedge pattern once again after rejecting it last week. The 109.00 psychological support level managed to hold overnight and now the price is 0.14% higher. If the pattern breaks higher the next resistance zone is just under the 110.00 at 109.75. The level to beat for the bulls is 109.49 which… 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.
