USDJPY Consolidates Under Key Barriers At 104.30/43 Ahead Of US Data

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair is trading within 50-pips range consolidation, ahead of US jobs data. Steep eight-day rally from 100.05 base peaked at 104.15 on Thursday, after the price surged through daily Ichimoku cloud. The rally came close to key short-term barriers at 104.30 (02 Sep high) and 104.43 (Fibo 61.8% of[​IMG]

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