1. Hello Guest Click here to check FX Binary Point Financial Directory

USD/JPY Trades In Murky Waters

Discussion in 'Technical Analysis' started by Kaitlin, Aug 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The US Dollar put the 101.00 major level to the test on Wednesday, but closed trade above that area, registering a 62-pip loss. Another decline today is possible, as technical studies suggest, but the USD/JPY currency pair faces a strong support cluster around 100.70, represented by the 50% Fibo and[​IMG]

    Continue reading...

Share This Page