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Berita dagangan
3 Apr 2020
USD/JPY: Technically bullish
USD/JPY is technically bullish and with the 109.26 at sight, the greenback should extend its advance, according to Valeria Bednarik, a Chief Analyst at FXStreet.
Key quotes
“The USD/JPY pair is neutral-to-bullish in the short-term, as, in the 4-hour chart, its advancing above the 38.2% retracement of its latest daily advance, now above a mild-bullish 20 SMA.”
“Technical indicators are advancing above their midlines, although their bullish potential is limited.”
“Support levels: 108.10 107.70 Resistance levels: 108.75 109.20”