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USD/JPY In Tight Range Between 100 And 200-Day SMAs

Discussion in 'Technical Analysis' started by Kaitlin, Nov 6, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY appreciated slightly more than anticipated and, as a result, stabilised at the highest in two months. Even though the Greenback is supported by the weekly R1 today, a sharper fall towards the 200-day SMA at 121.08 is possible if the fundamental data disappoints. At the same time, the[​IMG]

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