USD/JPY Gravitates Towards 106.00

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Although the USD/JPY pair managed to inch higher on Friday, it was unable to climb over the immediate resistance area, where supply remains strong even today. The Buck is in a tight spot between the 106.00 major level and the cluster at 106.50, awaiting for a catalyst to trigger movement.[​IMG]

    Continue reading...

Share This Page

free forex signals