Could USD/JPY reach a new 52-week high?
|USD/JPY
Looking at USDJPY Chart, we can see that it is in an upward trend and it is currently traded at the rate of 135.69, which is close to its resistance level at around 136.65. Today, it could test again its resistance level and if able to pass it, then it should reach a new 52W high otherwise it could fall towards its support level at around 134.50.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.