USDJPY - Extended Recovery Cracks Daily Cloud Base Pivot At 106.60

Discussion in 'Technical Analysis' started by Kaitlin, Jul 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The pair extends recovery rally from correction low at 105.40, with higher low being left on Friday and today’s bullish acceleration cracking strong daily cloud base resistance at 106.60. Bullish close on Friday, as well as for the week, give positive signals. Firm break above daily cloud base is needed[​IMG]

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