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USDJPY TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
  • RES 4: 160.20 High Apr 1990
  • RES 3: 159.55 2.618 proj of the Feb 1 - 13 - Mar 8 price swing
  • RES 2: 158.97 2.50 proj of the Feb 1 - 13 - Mar 8 price swing
  • RES 1: 158.44 HIgh Apr 26
  • PRICE: 157.66 @ 17:25 BST Apr 26
  • SUP 1: 154.99 Low Apr 26
  • SUP 2: 153.56/151.65 20- and 50-day EMA values
  • SUP 3: 150.81 Low Apr 5
  • SUP 4: 150.27 Low Mar 21

The USDJPY trend condition remains bullish and Friday’s impulsive rally reinforces current conditions and the move confirms a resumption of the primary uptrend. Note too that moving average studies remain in a bull mode position, reinforcing current conditions. Sights are on 158.97 next, a Fibonacci projection. On the downside, support to watch lies at 153.56, the 20-day EMA.

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  • RES 4: 160.20 High Apr 1990
  • RES 3: 159.55 2.618 proj of the Feb 1 - 13 - Mar 8 price swing
  • RES 2: 158.97 2.50 proj of the Feb 1 - 13 - Mar 8 price swing
  • RES 1: 158.44 HIgh Apr 26
  • PRICE: 157.66 @ 17:25 BST Apr 26
  • SUP 1: 154.99 Low Apr 26
  • SUP 2: 153.56/151.65 20- and 50-day EMA values
  • SUP 3: 150.81 Low Apr 5
  • SUP 4: 150.27 Low Mar 21

The USDJPY trend condition remains bullish and Friday’s impulsive rally reinforces current conditions and the move confirms a resumption of the primary uptrend. Note too that moving average studies remain in a bull mode position, reinforcing current conditions. Sights are on 158.97 next, a Fibonacci projection. On the downside, support to watch lies at 153.56, the 20-day EMA.