Japanese yen futures a buying opportunity on more price strength.

 

See on the daily bar chart for the June Japanese yen futures that prices have made a solid move higher just recently and the bulls have gained some upside technical momentum. A move above solid chart resistance at the February high of .9930 would give the bulls better upside technical momentum to suggest a price uptrend can be sustained. That would also become a buying opportunity. The upside price objective would be 1.0200, or above. Technical support, for which to place a protective sell stop just below is located at .9800.

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