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How long will the USDJPY pattern last?

Discussion in 'Technical Analysis' started by ForexLive, Oct 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Downside tested on the tech pattern everyone's watching Leveraged, European funds and real money sellers are to blame for sending USDJPY down to the 119.63 lows according to traders over in Asia. They managed to trip some stops under 119.70 but didn't kick it too much lower and we pulled up at an old support level, and a few pips from the bottom of the wedge we've been watching for days

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