USD/JPY for the third time in the last month tested level of resistance around the short-term highs just above the 113.20 level. During the Friday trading session pair is approaching the area of accumulation of supply, which may entail with a potential bear rebound towards the lower edge of several weeks lasting consolidation (111.62).
Taking a look on lower interval (H1 chart) you can see that the price under the current zone and trend line draws candles with long upper wicks suggesting a rejection of the level and increasing the chances of moving in the opposite direction.
Try trading on binary options on currencies, indices, commodities and shares of popular companies. If you lose, regardless of the size of the loss, you never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer. Create a real account and earn 50 to 150% Welcome Bonus.
