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USD/JPY Bulls reach the target near 109.25| What now?

Dollar A.S. / Yen Jepang (FX:USDJPY)  
KaltoireCapital  
FX:USDJPY   Dollar A.S. / Yen Jepang
Trend Analysis Chart Patterns Beyond Technical Analysis USDJPY usdjpyanalysis usdjpydaily usdjpylong
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trendanalysis chartpattern beyondta usdjpy usdjpyanalysis usdjpydaily usdjpylong
As described in my previous USD/JPY market commentary, USD/JPY Bulls have broken the important 108 level as expected and taken the price close to the target area at 109.25.
USD/JPY Bulls aiming for 109.25
What will happen next?
As per my analysis, Bulls may not be able to break the 109.25 hurdle immediately. So, there will be some profit taking and consolidation in the 108.60-109.20 region.
However, if reversal signals form in this region then Bears can show up drop the price close to 108 again.

Ide yang Berhubungan

KaltoireCapital
USD/JPY Bulls aiming for 109.25
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