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USDJPY Holds Within Narrow Range On Friday, Awaiting Yellen's Speech

Discussion in 'Technical Analysis' started by Kaitlin, Aug 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair trades within narrow range on Friday (around 20-pips), with psychological 100.00 level still acting as good support, but upside attempts remain capped well under weekly high at 100.91. Flat near-term studies maintain directionless mode, while overall structure is bearish and keeps the downside vulnerable. We need to see[​IMG]

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