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USD/JPY Gravitates To Monthly PP

Discussion in 'Technical Analysis' started by Kaitlin, Sep 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/JPY keeps trading around the monthly pivot point, staying below the 55-day SMA at 102.60 and at the same time above the weekly S1 at 101.20. However, soon the pair will have to violate one of the key levels—resistance at 103.00 or support at 100.80/00, which will determine its future[​IMG]

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