USD/JPY Is In Bullish Trend - Sustaining On Higher Levels

SUMMARY :

The major trend of USD/JPY is bullish, costs square measure sustaining on higher levels with a strong positive bias. 30 DMA & 200 DMA also are acting as a support for the costs & indicating the strength for northward journey. In its 4 hourly chart costs are taking resistance of falling line & expected to give a breakout upper side, if USD/JPY breaks the extent of 120.75 it will come back up to the degree of 121.20/121.85. RSI is sustaining in buying territory & indicating the positive aspect movement
In MACD , MACD line is to breach the zero line & supporting the upper side movement for next few sessions.

USD/JPY ( HOURLY )

STRATEGY :
 
USD/JPY is with success sustaining on higher level & looking further bullish on charts. One will choose purchase on dips strategy for this combine for intra day to middle term positions.

Pivot Points :

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1790	1.1824	1.1886	1.1920	1.1982	1.2016	1.2078
GBP/USD	1.5065	1.5116	1.5201	1.5252	1.5337	1.5388	1.5473
USD/JPY	119.98	120.16	120.28	120.47	120.59	120.78	120.90
USD/CHF	0.9746	0.9901	0.9980	1.0135	1.0214	1.0369	1.0448
AUD/USD	0.8008	0.8030	0.8049	0.8071	0.8090	0.8112	0.8131
EUR/GBP	0.7754	0.7781	0.7798	0.7825	0.7842	0.7869	0.7886
USD/CAD	1.1711	1.1747	1.1771	1.1807	1.1831	1.1867	1.1891
NZD/USD	0.7611	0.7632	0.7648	0.7669	0.7685	0.7706	0.7722

• Activate Your Free Trial Now for #FOREX,#COMEX, #USA Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-

• 3 Days Free Trial