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USD/JPY to drop under 120.00

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis Gravestone doji in EUR/USD chart “More investors are starting to believe that the Federal Reserve could delay lift-off until 2016 and this view is weighing heavily on the currency.” - BK Asset Management (based on CNBC) Pair’s Outlook After the yesterday’s session we now have an additional bearish signal, which is a gravestone doji. We expect the resistance at 1.14 to withstand the buying pressure and send the price lower. The nearest significant support is 1.13, represented

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