Cabana Capitals Blog Technical Analysis USDJPY approaches important level of 144.5770

USDJPY approaches important level of 144.5770

USDJPY approaches important level of 144.5770 post thumbnail image

The price of USDJPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Supported by Downward sloping Moving Average

Target: 144.577 Entry: 145.761 Stop: 146.2868

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