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Forex technical analysis: USDJPY breaking....(I hope...Maybe...We'll see)

Discussion in 'Technical Analysis' started by ForexLive, Oct 13, 2015.

  1. ForexLive

    ForexLive Forum Member

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    It is so hard to say it is so.... All eyes are on the USDJPY which has been in a ridiculously narrow trading range. I can say that the low close going back to September 7th is 119.72 and the price is now below that level. I can also state that the lower trend line (this might be debated as I ignore the US employment rejected spike lower) has also been broken at the 119.70 level currently.

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