USD/JPY Forecast: More losses expected below 121.00

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 10, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    USD/JPY Current price: 121.42 View Live Chart for the USD/JPY More losses expected below 121.00. The USD/JPY has tried to recover some of the ground lost earlier this week, but failed to do so and maintains a clear bearish tone, with sellers now surging on approaches to the 122.00 level. From a technical point of view, the 1 hour chart shows that the price is well below the 100 and 200 SMAs, with the shortest accelerating lower below the largest, whilst the technical indicators

    Continue reading...

Share This Page

free forex signals