The correction that started at 131.34 continues and the USDJPY technical outlook remains unchanged. The pair could move lower, but the bearish correction is expected to be limited by the key support of 125.09 and the price will return to the upside.
From the buyers’ point of view, if the partial resistance of 129.77 is broken, USDJPY will be ready to re-strike at 131.34.
* Technical H4 analysis of USDJPY
* Technical daily analysis of USDJPY
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About:
Climax Prime LTD is a registered company in Saint Lucia, with registration number 2023-00320
Registered Office:
Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O. Box 838, Castries, Saint Lucia
+44 2476 98 1414
Physical Office:
Ulitsa „ Georgi S. Rakovski“ 140, 1000 Sofia Center, floor. 3 , Sofia , Bulgaria
+359 (2) 4928525
Location:
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