Forex technical trading: USDJPY trying to build a rally?

Discussion in 'Technical Analysis' started by ForexLive, Aug 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    IF so, want to see the shorter term bullish clues hold up The USDJPY has moved up about 40 or so pips from the low ot 100.96 over the last few hours. If the pair is trying to build a rally, I would like to see some of the bullish clues be maintained on the shorter term chart. The price action when combined with risk defining technical levels often don't lie.

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