USD/JPY approaches 137.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At mid-day on Wednesday, the USD/JPY currency pair reached above the previous June high levels at 136.60/136.70.

Next target for the surge could be the 137.00 mark, which might act as resistance.

However, a potential retracement back down might look for support in the 136.60/136.70 zone and the weekly R1 simple pivot point at 136.50.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
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.