USD/JPY Recovers From 100.70

Discussion in 'Technical Analysis' started by Kaitlin, Aug 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As the key levels are still intact, the medium-term outlook remains mixed, although near-term risks are skewed to the upside. From one side, the currency pair is in the middle of forming a new bearish wave within a nine-month descending channel. A decline is also implied by the daily and[​IMG]

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