Cabana Capitals Blog Technical Analysis USDJPY broke through important 156.5280 price line

USDJPY broke through important 156.5280 price line

USDJPY broke through important 156.5280 price line post thumbnail image

USDJPY has broken through 156.5280 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDJPY may be heading towards 155.7039 within the next 2 days.

Supported by Downward sloping Moving Average

Target: 155.7039 Entry: 156.057 Stop: 156.7205

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