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USD/JPY Muted Ahead Of Retail Sales Data

Discussion in 'Technical Analysis' started by Kaitlin, Aug 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Although the USD/JPY currency pair completely erased Wednesday's losses yesterday and stabilised on top of the weekly PP again, technical indicators in all timeframes still suggest that more bearish momentum is to come. The 101.00 major level should be the bottom today, also being bolstered by the weekly S1. However,[​IMG]

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