CryptoHotep

$USDJPY | Retesting Major Resistance Zone Again

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OANDA:USDJPY   美元/日元
Here we have USDJPY again trying to reach the and move beyond this resistance zone and good sign. We have a big engulfing bullish candle that preceded this and continuous uptrend from the break of the lower Bollinger Band. We are still in an uptrend with the Yen so I think a retest into this area is warranted. We cleared the 50 EMA, still above the 200 EMA and currently straddling the 20 MA. All good signs here.

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