USD/JPY Forecast April 28, 2017, Technical Analysis

The US dollar rallied against the Japanese yen at the open on Thursday but continues to find significant resistance just above. Because of this, I think that a pullback is very possible. This would be a continuation of the overall downtrend, but a break above the 112 level would be very bullish. Because of this, pay attention to this market goes next, it should lead the way. I think if we break above the 112 level, the market will more than likely try to get to the 115 level above. A breakdown from here is simply going to reach towards the 110 level. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the