Home About the company Daily reviews USDJPY Technical Analysis 20.07.2016

USDJPY Technical Analysis 20.07.2016

20.07.2016

Market Review

USDJPY

The pair is higher than 106.00 level and has all the chances to continue rising amid the earlier-than-expected interest rate hike in the US>

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is lower than 50% level, but rising. Stoch are trying to turn upwards.
 

Trading recommendations: Buy the pair; the probable target is 107.25.

Author: admin
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