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USD/JPY Vulnerable To Correction

By FXTechstrategy TeamForexNov 08, 2017 08:10AM ET
www.investing.com/analysis/usdjpy-remains-vulnerable-on-correction-200263466
USD/JPY Vulnerable To Correction
By FXTechstrategy Team   |  Nov 08, 2017 08:10AM ET
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USD/JPY remains weak and vulnerable to the downside. On the downside, support comes in at the 113.50 level where a break if seen will aim at the 113.00 level. A cut through here will turn focus to the 112.50 level and possibly lower towards the 112.00 level. On the upside, resistance resides at the 114.50 level. Further out, we envisage a possible move towards the 115.00 level. Further out, resistance resides at the 115.50 level with a turn above here aiming at the 116.00 level. On the whole, USD/JPY faces pullback threats on correction


Daily USD/JPY
Daily USD/JPY

USD/JPY Vulnerable To Correction
 

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USD/JPY Vulnerable To Correction

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