From the 4-hour chart, the exchange rate is in a volatile upward trend. It has previously broken the resistance around 111.75. At present, the position has been converted into support. The Bollinger Middle and short-term uptrend lines.The support is also near the position. If the position can be adhered to, the short-term exchange rate is expected to continue the shock. The initial resistance is near the Bollinger Band 112.31. If the position is broken, it is expected to open a new upside.
2 )However, the exchange rate The first upside attack on Bollinger's online track was blocked, MACD and KDJ dead fork operation, if the support of the Bollinger Band mid-rail 111.75, it will increase the short-term downside risk, the market may further explore the Bollinger line lower rail 111.19 near the support;
Resistance: 112.31; 112.61; 113.15;
support: 111.75; 111.19; 110.84
USDJPY Analysis | Ecency
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