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Technical Overview - EURJPY, GBPJPY, CHFJPY and NZDJPY

Discussion in 'Technical Analysis' started by Kaitlin, Dec 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair's rebound from a well-established descending trend-channel support failed to lift it back above the very important 200-day SMA. From current levels, momentum below 131.00 round figure mark seems to confirm continuation of the pair's weakening trend towards retesting the lower trend-line support of the channel, currently near 129.00[​IMG]

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