USD/JPY Risks Falling Back To 104.00

Discussion in 'Technical Analysis' started by Kaitlin, Jun 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar failed to rebound against the Japanese Yen last Friday, but remained above the 104.00 psychological level. Furthermore, the pair opened with a small bullish gap today, suggesting that a drop below that mark is doubtful, although technical indicators imply otherwise. The weekly PP, which acts as the[​IMG]

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