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Mar 21 2016 at 16:09
823 posts
The pair is currently testing 111.60. If it breaks above that resistance I think it will reach 112.50.

Mar 22 2016 at 10:00
1487 posts
It's still consolidating around that level, but it will break above it, I think.

Ari Goldman (arigoldman)
Mar 22 2016 at 17:07
907 posts
Bullish on this one in the long-term.

Mar 23 2016 at 13:27
823 posts
The pair is still climbing, but there's a strong resistance at 113.00. If it breaks above it might rise to 114.20.

Mar 26 2016 at 02:36
834 posts
The pair just has the correction pull back before the pair push further on the upside towards 114.00 level.

Mar 28 2016 at 12:43
823 posts
csc2009 posted:
The pair just has the correction pull back before the pair push further on the upside towards 114.00 level.

I agree, I think it will fall to 113.00 before it starts rising again.

Mar 29 2016 at 06:11
93 posts
The USDJPY had a bullish momentum last week after a failure to make a clear break below 110.96 as you can see on my daily chart below, topped at 113.32 and hit 113.55 earlier today. The bias remains bullish in nearest term testing 114.50, which is a good place to sell with a tight stop loss as a clear break and daily close above 114.50 could trigger further bullish scenario testing 116.00 or higher. Immediate support is seen around 113.00. A clear break below that area could lead price to neutral zone in nearest term testing 112.50/35 area.

Ari Goldman (arigoldman)
Mar 30 2016 at 12:49
907 posts
A correction might be at hand.

Ari Goldman (arigoldman)
Apr 04 2016 at 11:22
907 posts
Consolidating, i'm bullish on this one.

Apr 05 2016 at 10:25
9 posts
let's check usdjpy technical analysis
USD/JPY's recuperation was constrained at 113.81 a week ago, just underneath specified 113.81 resistance, and switched. Further, fall would be seen for this present week for retesting 110 first and then to 108 area
my viewpoint will stay bearish as long as the usdjpy stay below 113.81. In any case, break of this resistance will show close term inversion and turn viewpoint bullish.
In the master plan, value activities from 125.85 medium term top are forming into a more profound revision. Break of 106 resistance is should have been the primary indication of fruition of the trend.
pattern consolidation suggests also that break of 110.50 will bring the next level to 108 area


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