USDJPY Technical analysis 2017/12/01

USDJPY Daily

Market is flat with the 21 and 55 touching. Price is bullish with the 5 above the 8. Based off the H4 chart where price will come back down to support andhead back up to just below MM3.

Source: Mt4

USDJPY H4

Market is heading towards being bullish. Price is bullish. Price will come down from WR1/112.498 to WM3/112.1410before price will go back up to profit taking at WR2/113.433

Source: MT4

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