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USDJPY Pulls Back From Range Support

Discussion in 'Technical Analysis' started by Kaitlin, Oct 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Following its break of 119.85, encompassing 38.2% Fibo of its June – August downturn, on Tuesday, the USDJPY plunged to the lowest levels in a month during its decline on Wednesday; however, short-term trading range support, near 118.60, triggered the pair's pull back during early hours of trading on Thursday,[​IMG]

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