![|||](https://esterholdings.com/wp-content/uploads/pref_65200-730x486.jpg)
USD/JPY is near resistance
The USD/JPY pair maintains a downward dynamics amid rising risks and a total sell-off of an American dollar. Significant levels of resistance are the marks: 107.60 and 107.80, from which a rebound is expected. Fixing a pair above resistance levels, cancels expectations for a decline.
Deals for sale should be considered from the zone 107.30-10.
This will open the way to support levels: 106.60 and 106.30.
Fig. USD/JPY chart. Current price – 107.40
Read also: “VSA analysis – briefly about the main thing”
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- Oil market and its cloudy prospects
- What is expected from the June US Federal Reserve meeting
- U.S. trade opposition. What are the risks
Current Investment ideas:
- Where else, if not on the banking sector! Earn with an investment idea from an Ester company’s expert!
- The best software for earnings on the technology giant’s Microsoft shares is inside! Connect!
- Hewlett-Packard shares are ready to close the gap, and we are ready to close the profits!
- Several reasons to buy Walmart shares. Use the chance to earn!