11/06/2019
The USDJPY is aiming at the resistance area of 108.714. For trading strategies based on forex technical analysis today we can look for buy signal confirmation if there is a breakout above the resistance at 108.714. The target potential is up to the range of 108,910 - 109,031.
If the price fails to break the resistance at 108,714 and is found bearish signal confirmation around the resistance area then potentially will be followed by a downward movement to the area of 108,397 - 108,299. But before opening a sell position make sure the price is really confirmed.