forex_managed_account_1

USD/JPY Rises On Risk Appetite

Discussion in 'Technical Analysis' started by Kaitlin, Mar 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    The Greenback overperformed on Wednesday, as somewhat faded risk aversion pushed the USD/JPY higher. The pair almost completely erased its Tuesday's losses, but with the 20-day SMA and the weekly PP providing sufficient resistance to keep the Buck from edging higher. This area remains the immediate resistance cluster today as[​IMG]

    Continue reading...
     

Share This Page

free forex signals