USD/JPY Takes Another Shot At Piercing Weekly PP

Discussion in 'Technical Analysis' started by Kaitlin, Nov 25, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Poor US fundamentals caused the Greenback to erase all intraday gains and ultimately remain unchanged against the Japanese Yen yesterday. As a result, the USD/JPY opened trade just under the immediate resistance, namely the weekly PP, which might prevent the pair from advancing for another day. Losses, however, should be[​IMG]

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