Forex trading: USDJPY moving up and down in narrow range

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Re-established trend line.... Sometimes a decent trend line is broken, then the price rebounds and fails. It may do it again and fail again. The next time the sellers don't push below the trend line, but instead buy. They re-establish the trend line as support.

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