USD/JPY September 27

٢٧ سبتمبر ٢٠١٩

USD/JPY has violated the bearish channel which was extending substantial resistance at 107.500 over the series of dollar supported news. The Bullish breakout of this channel is now extending support at 107.400 while the resistance stays at 107.800 area. The MACD is suggesting a bullish trend, as the series of histogram remains green above the crossover zone.