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Forex technical analysis: USDJPY back where we were yesterday

Discussion in 'Technical Analysis' started by ForexLive, Dec 11, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Up and down session Technically, the USDJPY surged in the Asia-Pacific session. The high stalled at an area defined by swing lows going back to mid-November (between 122.20 and 122.293). The 50% retracement of the move down from the Monday high, also stalled the surge (at 122.268). The high reached 122.224.

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