USD JPY weekly : strong yen heading towards 106

usd jpy forex technical analysis for 21 to 25 march 2016

usd jpy forex technical analysis for 21 to 25 march 2016

Yen dollar forex pair this week closed with loss. After last 2 weeks flat negative closing and consolidation. Yen finally given breakout above 112.5 level. For usd jpy pair on downside 105.6 is major long term support and target zone for this breakdown.   Strong yen likely to continue its recovery rally as us dollar is soft. On upside 112.5 and 113.75 are strong resistances as well as stop loss levels for traders.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.