USDJPY: Having turned lower on Monday and followed through lower on correction during Tuesday trading session, further decline is envisaged. On the downside, support comes in at the 119.00 level where a break will target the 118.00 level. Below here if seen will aim at the 117.00 level followed by the 116.50 and then the 116.00. On the upside, resistance resides at the 120.50 level followed by the 121.50 level where 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 123.00 level On the whole, USDJPY remains exposed to the upside. FX Tech Strategy FX Tech Strategy FX Tech Strategy provides simple forex research for Intra-day, swing and position traders. For over 6 years, FXTechstrategy has been committed to providing forex traders including intra-day, swing and position traders exceptional forex research with technical analysis expertise that makes trading decisions easy and painless. FXTchstrategy won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was finalists, Star Awards by traderplanet in 2011 & 2012. View All Post By FX Tech Strategy Forex Bits share Read Next Dollar on pre-Christmas sale – EUR/USD at high resistance, Yohay Elam 7 years USDJPY: Having turned lower on Monday and followed through lower on correction during Tuesday trading session, further decline is envisaged. On the downside, support comes in at the 119.00 level where a break will target the 118.00 level. Below here if seen will aim at the 117.00 level followed by the 116.50 and then the 116.00. On the upside, resistance resides at the 120.50 level followed by the 121.50 level where 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 123.00 level On the whole, USDJPY… Top 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.
