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USD/JPY: Brexit Or Bremain? Countdown Begins

Discussion in 'Technical Analysis' started by Kaitlin, Jun 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Indeed, the kick-back rally could easily be rejected at that pivotal 105.00-105.55 area. This resistance area has already been tested once – on Tuesday – leading to a modest pullback so far. If the low of Tuesday's reversal candle (~103.58) breaks then this would completely invalidate the bullish setup. In[​IMG]

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