Hello traders, USD/JPY is trading at 110.78. The price is reversing from support levet and consolidating in the resistance and support from sometime. If the price breaks the at 110.90 then it can start a new up trend and then its targets will be first target at 111.11 and second target at 111.34.
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Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.