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USD/JPY In Tight Range Between 101.00 And 102.50

Discussion in 'Technical Analysis' started by Kaitlin, Aug 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    On Monday the USD/JPY currency pair remained relatively unchanged, but still edged below the 102.00 major level. Nevertheless, the pair appears to be anchored around the 102.00 mark, with the lower border represented by the cluster around 101.20, represented by the 20-day SMA and the weekly PP. At the same[​IMG]

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