US Dollar vs Japanese Yen D1 Live Forex Chart
USDJPY,D1 Chart By FxRetrance
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strong resistance at 114.716, and bearish engulfing pattern in D1 chart. i would wait to enter rather then sell currently..
fall to 111
113.623 remains strong resistance, A successful breakout can lead UJ to 114 and further to 114.75
Another trend reversal pattern in D1
Usdjpy is out from bottom trend line in H1 Time Frame-Channel and holding and the price holding near support level at 113.475. If 113.47 level is breached then the next support will be at 113.039
Fed chair Yellen Testimony on economic growth and USD PPI for the month of Jan is the key fundamental in focus,
If 38.2% level is breached then it would add bearish sentiment to USD
Trend reversing pattern in D1.