USDJPY, H1 is seeing strong ascending trendline support along with moving average support which is holding price up really nicely. There's big resistance at the 109.90 area which price needs to break past in order to trigger a move upwards towards big resistance at 110.20.Disclaimer: Thematerial provided is for information purposes only and should not be consideredas investment advice. The views, information, or opinions expressed in the textbelong solely to the author, and not to the author’s employer, organization,committee or other group or individual or company.High Risk Warning: CFDsare complex instruments and come with a high risk of losing money rapidly dueto leverage. 73% and 65% of retail investor accounts lose money when tradingCFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You shouldconsider whether you understand how CFDs work and whether you can afford totake the high risk of losing your money.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usdjpy-h1-is-seeing-strong-bullish-momentum-awaiting-upside-confirmation-at-109-90"
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