USD/JPY Posssible Fade Around 105.90

Discussion in 'Technical Analysis' started by Kaitlin, Jul 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The USD/JPY is progressing towards POC zone (88.6, historical sellers) 105.85-106.00 where it might reject towards 105.00 and 104.25. If we see a further drop below 104.25 then the door towards 113.40 will be open. Pay close attention to the zone as POC might be the last line of defense[​IMG]

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