empty
 
 
25.10.2021 07:48 PM
USD/JPY at crossroads: long or short?

This image is no longer relevant

USD/JPY Challenges The Uptrend Support!

The USD/JPY pair dropped after failing to stabilize above the 114.50 level and now is challenging the uptrend line. As long as the price stays above this line, the uptrend remains intact. Technically, it could test and retest it before resuming its growth. 113.90 today's high is seen as the immediate upside obstacle.

On the other hand, the 113.44 Friday's low stands as a downside obstacle. You should know that dropping and stabilizing below the uptrend line may announce that the upwards movement is over and that the USD/JPY could develop a corrective phase, a downside movement.

USD/JPY Trading Conclusion!

Dropping and closing below the uptrend line and below 113.44 could announce a strong downside movement. On the other hand, staying above the uptrend line and passing above 113.90 today's high could indicate a potential growth at least towards 114.65 higher high.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback