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USDJPY Heads Towards Key Barriers, Daily Cloud Underpins The Action

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

  1. Kaitlin

    Kaitlin Forum Member

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    Fresh strength that emerged from 102.80 zone (where last Friday’s pullback found support), retests 104.00 barrier and eyes key resistances at 104.30/43 (02 Sep high/Fibo 61.8% of larger 107.47/99.52 descend). Thick daily cloud (spanned between 102.04 and 103.50) continues to underpin the action, after the price emerged above, following false[​IMG]

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