USD/JPY technical analysis

Source: Dukascopy Bank SA
USD/JPY is in a strong short-term uptrend and is now testing a major long-term resistance level.



The critical ceiling to watch is the 149.00 price zone, with bullish indicators confirming the rally's strength.

A decisive break above this level would signal a continuation of the uptrend. However, if the price is rejected here, expect a pullback towards support around 148.20.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.