Forex technical trading: USDJPY up to resistance and then back down to support

Discussion in 'Market News' started by ForexLive, Nov 17, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    All within 25 pip range... The USDJPY moved up to the next upside target at the 123.429 (high from November 10 - the high reached 123.42). The pair fell from there and came down to the 123.19 area where the swing high from November 11th provided support (the low came in at 123.177). The current price is hanging closer to the low, but let's call it like it is, the last 5 hours has a narrowed range of 15 pips (123.33 -177).

    Continue Reading...

Share This Page

free forex signals