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USD/JPY Takes Another Shot At Falling Under 121.00

Discussion in 'Technical Analysis' started by Kaitlin, Dec 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Although the USD/JPY declined on Tuesday, the immediate support in face of the monthly S1 was able to hold the losses. The same level is providing support today as well, but the Bollinger band keeps edging closer to the Nov low, implying that weak fundamental data could push the exchange[​IMG]

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