USD/JPY Looking Bullish | Free Forex Signals | Currency Trading

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Today we are sharing USD/JPY Currency Trading Signals. 

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SUMMARY:

The primary trend of USDJPY is bullish on charts and from past few trading sessions, the pair is successfully sustaining at higher levels. In its 4 hourly chart, the pair is consolidating with strong positive bias to continue its up rally. Its 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 124.62. If it breaks its resistance level at upside then we can expect it to test the level of 125/125.40.

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USDJPY ( 4 HOURLY )

USD/JPY Chart Today

INDICATORS:-

RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair. 
MACD line is sustaining in buying territory supporting the upcoming bullish trend in the pair.

STRATEGY: 

USDJPY is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.


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