USD/JPY On The Edge Of Breaking The Pattern

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Despite substantial upside volatility, the US Dollar was unable to stabilise above the resistance line of the falling wedge pattern. The FOMC Meeting Minutes is the main USD/JPY driver today, which could cause a breakout to the upside. In this case, the next level to limit the gains will be[​IMG]

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