USD/JPY maliteghachiri ịkwaga n'akụkụ mgbe ọ kwụsịrị ịgbaji n'elu ọkwa 106.00

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Nzọụkwụ Nguzogide Key: 111.00, 112.00, 113.00
Ihe Nkwa Nkwado Isi: 104.00, 103.00, 102.00

USD / JPY Ahịa Ogologo Oge: anggba
USD/JPY was earlier in a downward move but risen to the range-bound zone. The Yen is facing rejection at level 106.00 as price resumes consolidation below the resistance. The earlier downtrend has been terminated as price resumes sideways move.

Chart egosi na-egosi:
The 21-day SMA and 50-day SMA are sloping sideways indicating a trend. The Yen is currently at level 41 of the daily Relative Strength Index. The Yen is in the downtrend zone and below the centerline.

USD / JPY edidị oge ọkara: anggba
The USD/JPY pair is in a sideways move below level 106.00. The bulls have made concerted efforts to break above level 106.00. The pair is consolidating above level 105.00 after three unsuccessful attempts to break above level 106.00. The pair has resumed sideways move.

Ihe ngosi Chart nke oge 4 Readinggụ ihe
The pair is above 40% range of the daily stochastic. The pair is in a bullish momentum . The SMAs are also sloping horizontally. It indicates the sideways move.

General Outlook maka USD / JPY
The Japanese Yen is still in a sideways trend. The market is not trending as it continues to fluctuate above level 105.00. However, if price breaks above level 106.00, there is a likely tendency to revisit the previous highs.



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