The dollar against the yen pushed strongly to the upside to surpass our awaited target at 110.30 and reach the extended target of 111.00, forming within the ascending channel that appears on the chart, which has positive targets that extend to 111.70.
Therefore, the bullish trend will remain likely …
The pair is recovering, most likely, amid the closing of some positions on the US dollar before the publication of employment data from ADP, which will be presented today. If they turn out to be no worse than expected and show growth above the forecast of 550,000, this will …
The resistance level of 129.91 is holding back buyers. Probably, the ascending pattern is a wave (B) of the descending pattern of the H8 level. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
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