USD/JPY Takes Another Shot At Climbing Over 109.00

Discussion in 'Technical Analysis' started by Kaitlin, May 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even though the USD/JPY currency pair appreciated yesterday, the impetus provided was insufficient for the Buck to climb over the 109.00 mark. There is still room for another rally towards the resistance line of the falling wedge pattern, also reinforced by the weekly R3, with a possibility of a breakout[​IMG]

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