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Meanwhile over in the USDJPY....

Discussion in 'Technical Analysis' started by ForexLive, Oct 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Intraday trend line holds during the volatility and the new high reached. The fireworks from the ECB ambiguous comment, helped push the USDJPY down, but it found buyers near trend line support from the prior post. The rally back higher (new highs) has the pair testing a new topside trend line at 102.95. A break above, is another break higher for the pair.

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