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Forex technical analysis: USDJPY pushes up toward month highs

Discussion in 'Technical Analysis' started by ForexLive, May 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Takes or last Thursday's high but backs off The USDJPY rallied yesterday, corrected in the Asian Pacific session but found support buyers where the bulls needed them - against the 100 hour MA at the 109.862 level (in reality, the bulls were the ones who bought while they leaned against risk defining support).

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