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 moves above resistance

Discussion in 'Technical Analysis' started by ForexLive, Aug 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,011
    Likes Received:
    1
    Taking out technical levels Earlier I wrote on the USDJPY and commented how the pair re-established support against a lower trend line (). The price has been able to march higher since then. Helping is a more favorable stock market which has the S&P up about 11.5 points or 0.53%. The Nasdaq is up about the same percentage (+0.55%).

    Read full forex technical analysis here
     

Share This Page