1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USD/JPY Struggles To Preserve The Wedge Pattern

Discussion in 'Technical Analysis' started by Kaitlin, May 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,827
    Likes Received:
    0
    Once again the US Dollar weakened against the Yen yesterday, unable to climb over the 110.25 level. The 110.25 mark appears to be providing strong resistance, as the USD/JPY currency pair was unable to climb beyond that area for two weeks now. Furthermore, the rising wedge's support line was put[​IMG]

    Continue reading...
     
  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    97
    Likes Received:
    0
    I think the pair will slowly reach 111.20.
     

Share This Page