forex_managed_account_1

USD/JPY Dives Back Under 102.70

Discussion in 'Technical Analysis' started by Kaitlin, Sep 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    USD/JPY fetched 103.40 yesterday, but eventually slid back under 102.70, which is represented by the weekly PP and 55-day SMA. The current support is at 102.16/03 (monthly PP and 20-day SMA), but the pair is unlikely to stay in this narrow corridor for long, considering the amount of high-impact events[​IMG]

    Continue reading...
     

Share This Page

free forex signals