After consolidation, USDJPY continued its upward movement from 101.50, and the rise extended to as high as 108.67. Further rise could be expected after a minor consolidation, and next target would be at 110.00 area. Near term support is located at the upward trend line on 4-hour chart, and the key support is at 106.82, only break below this level could signal completion of the uptrend.
For more short term forex analysis and info visit via USDJPY Daily Analysis - September 18, 2014 . Thanks for your support.
No comments:
Post a Comment