1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Forex technical analysis: USDJPY has converged MAs the focus technically

Discussion in 'Technical Analysis' started by ForexLive, Mar 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,056
    Likes Received:
    1
    100 and 200 hour MA at 112.73 Yesterday it was the look of a head and shoulders formation. The neckline was broken. The price moved lower. It stalled at the 61.8% of the move up from the low. It does not look so head and shoulder-y anymore.

    Read full forex technical analysis here
     

Share This Page