USDJPY - Fresh Bulls Crack Important Barrier At 106.67, Upside Remains In Focus

Discussion in 'Technical Analysis' started by Kaitlin, Jul 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The pair is back to strength after yesterday’s consolidation that was shaped in long-legged Doji candle. Fresh strength broke above daily 55SMA that capped the action in past few sessions and cracked important barrier at 106.67 (Fibo 61.8% of 111.43/98.98 downleg).[​IMG]

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