{"id":80514,"date":"2015-11-04T04:26:39","date_gmt":"2015-11-04T09:26:39","guid":{"rendered":"http:\/\/countingpips.com\/?p=80514"},"modified":"2015-11-04T05:36:46","modified_gmt":"2015-11-04T10:36:46","slug":"usdjpy-risk-turns-to-121-5073-zone-on-bull-pressure","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/usdjpy-risk-turns-to-121-5073-zone-on-bull-pressure\/","title":{"rendered":"USDJPY: Risk Turns To 121.50\/73 Zone On Bull Pressure"},"content":{"rendered":"<div id=\"inves-2155009176\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 4, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>USDJPY: With a second day of recovery seeing the pair closing higher on Tuesday, further bullishness is envisaged. It was seen following through higher during early trading today. Beware of the 121.50\/73 area because it is key to any full blown bullish offensive. On the upside, resistance resides at the 121.50 level where a cap may be occur again. Further out, we envisage a possible move towards its range top at the 121.99 level. Further out, \u00a0resistance resides at the 122.50 level with a turn above here aiming at the 123.00 level. A break will target the 123.50 level. Its daily RSI is bullish and pointing higher suggesting further upside. On the downside, support comes in at the 120.50 level where a break if seen will aim at the 120.00 level. A cut through here will turn focus to the 119.50 level and possibly lower towards the 119.00 level. On the whole, USDJPY remains trapped within its range.<br \/>\n<img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/11\/USDJPYDaily.png\" alt=\"null\" \/><\/p>\n<p>By\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\" rel=\"noreferrer\">www.fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDJPY: With a second day of recovery seeing the pair closing higher on Tuesday, further bullishness is envisaged. It was seen following through higher during early trading today. Beware of the 121.50\/73 area because it is key to any full blown bullish offensive. On the upside, resistance resides at the 121.50 level where a cap [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-80514","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=80514"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80514\/revisions"}],"predecessor-version":[{"id":80530,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80514\/revisions\/80530"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}