USD/JPY Attempts To Post More Gains

Discussion in 'Technical Analysis' started by Kaitlin, May 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar managed to appreciate against the Japanese Yen yesterday, almost completely negating Monday's losses, with trade closing at the 110.00 mark. As a result, the rising wedge pattern was preserved, but due to the pattern's nature downside risks persist, despite technical indicators giving bullish signals in the daily[​IMG]

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