USDJPY Remains Weak And Vulnerable On Corrective Pullback

[PrimusFXyuk]

USDJPY: Having taken back all of its intra day gains to close flat on Monday and triggering a corrective weakness on Tuesday, USDJPY remains weak and vulnerable on pullback in the days ahead. On the downside, support comes in at the 122.00 level where a break if seen will aim at the 121.50 level. A cut through here will turn focus to the 121.00 level and possibly lower towards the 120.50 level. On the upside, resistance resides at the 123.00 level where a cap may be occur again. Further out, we envisage a possible move towards its range top at the 123.50 level. Further out, resistance resides at the 124.00 level with a turn above here aiming at the 124.50 level. A break will target the 125.00 level. On the whole, USDJPY remains weak and vulnerable on corrective pullback

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[whiteking]

USDJPY menjadi salah satu pair major yang pergerakan akhir-akhir ini dengan average daily range berkisar lebih dari 100 pips memberikan peluang bagi para trader, dengan spread yang rendah pair ini cukup menjanjikan untuk diperdagangkan, dengan manajemen reiko yang terukur
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