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USDJPY Broke Below 102 Handle, Falling Daily Tenkan-Sen Continues To Cap

Discussion in 'Technical Analysis' started by Kaitlin, Sep 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair remains at the back foot, as Monday’s fresh weakness offsets slight positive tone, signaled on Friday’s bullish close. Descending daily Tenkan-sen line continues to cap, as falling daily Ichimoku cloud, which limited recent recovery attempts, maintains bearish pressure.[​IMG]

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