USD/JPY On The Edge Of Breaking Ten-Month Support

Discussion in 'Technical Analysis' started by Kaitlin, Oct 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Although the Buck broke out of its four-week consolidation range, the wider trading range remains intact. Technical indicators are now giving bearish signals, but a tough support rests near 118.50, as it held the pair from falling since February 2015. Another set of very weak data is required to push[​IMG]

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