USD/JPY stuck between 122.00 and 123.50

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD flat; trading volume at six-day low “Today, the risks weighing on growth and inflation are downward.” - Benoit Coeure, ECB Executive Board member (based on Reuters) Pair’s Outlook As the most traded currency pair has been largely unchanged in value so far this week, we see the volume of trading declining as well. Yesterday it dropped to the lowest level in six days. Main resistance is still represented by the monthly S1 at 1.0768, followed by Jul low at 1.0808. Bears

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