USD/JPY Remains On The Back Foot

Discussion in 'Technical Analysis' started by Kaitlin, Jun 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Yesterday the weekly pivot point prevented the US Dollar from outperforming the Japanese Yen, but the 104.00 was not reached. The weekly PP is expected to keep the USD/JPY pair at bay, but this time the 104.00 level might fail to keep the Greenback elevated. The closest support is located[​IMG]

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