USD/JPY Price Analysis: Bulls move in for the kill, 134 the figure eyed – by fx_ross USDJPY Technical Analysis
USD/JPY breakout could see the price move in on the neckline before the day is out for a test above 134 the figure.
This gives rise to a prospect of a bullish correction that can be monitored from a lower time frame, such as the 15 min chart, as follows:The price has been accumulating and is breaking the upside resistance structure near 133.30. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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