Cabana Capitals Blog Technical Analysis A final push possible on USDJPY

A final push possible on USDJPY

A final push possible on USDJPY post thumbnail image

USDJPY is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.

Supported by Downward sloping Moving Average

Target: 140.577 Entry: 142.054 Stop: 142.7726

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