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FX.co ★ USD/JPY Upside Continuation!

USD/JPY Upside Continuation!

USD/JPY Upside Continuation!

USD/JPY has ended its temporary decline and now is back above 110.87 former higher high. Stabilizing above it could really signal an upside continuation.

The pair is located within an up channel, so the major upside target remains at the channel's upside line.

Trading Conclusion!

Jumping above 111.03 immediate high is seen as a potential buying opportunity, you can use 111.50 level as a first target.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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