The USDJPY rebounded strongly from the 130.50 price level to trade significantly higher. As the price breaks above the 61.80% Fibonacci retracement level at the 131.70 price level, further upside can be expected on the USDJPY.
Look for the USDJPY to trade up to the key resistance level of 133.
Look for the USDJPY to trade up to the key resistance level of 133.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.