Dollar gives up gains... USDJPY back below 50% level.

Discussion in 'Technical Analysis' started by ForexLive, Jul 8, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    USDJPY moves back below days midpoint. Waters muddy... The USDJPY tried to hold the days midpoint and build off of that. It just broke back below the days 50% line and also the London session old high at the100.73 area and sellers pushed the pair lower. White flags go up. The waters are muddy.

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