USD/JPY Attempts To Break Through Aug 28 High

Discussion in 'Technical Analysis' started by Kaitlin, Nov 6, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Greenback retreated from its intraday high after the US data disappointed yesterday, thus confirming the resistance line at 121.74. This resistance is now under higher pressure, as the US fundamentals are expected to be in favour of the US currency. As a result, the Buck is likely to retake[​IMG]

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