USD/JPY beat 109.20 for a buy signal.
EUR/JPY beats 6 year trend line resistance at 133.05/25 for a buy signal initially targeting 134.00/10 and 134.35/45.
CAD/JPY finally finds some direction as we beat 9070.
Today’s Analysis
USD/JPY beat 109.20 to test 4 year trend line resistance at 109.65/75 and we are holding above here. Bulls now need a break above 110.10 for another buy signal initially targeting 110.20/30 and 110.80/90.
First support at 109.10/00.
EUR/JPY finally beats 6 year trend line resistance at 133.05/25 for a buy signal initially targeting 134.00/10 and 134.35/45, perhaps as far as 134.85/95.
Bulls need the pair to close this week above support at 133.10/00.
CAD/JPY ends the consolidation phase with a break above 9073 to continue the bull trend targeting 9120/30 and 9140/45.
First support at 9070/60 of course. The last line of defence for bulls is at 9030/20. A weekly close below here would be more negative for next week.
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