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USD/JPY Retests 120.63 Fifth Week In A Row

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Despite trading limbo through most of the day, the US Dollar managed to climb almost 50 pips against the Japanese Yen on Monday. The Greenback should strengthen for the second day, but a potential resistance level, which kept the given pair from edging higher for almost five weeks now, lies[​IMG]

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