USDJPY pushing the limits a bit, but remain more bearish

Discussion in 'Technical Analysis' started by ForexLive, Aug 16, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Can sellers keep the lid on it The USDJPY price action since the move higher on the back of the Dudley comments earlier today, has been supportive...sort of. The "sort of" is because we do have higher highs on the 5-minute chart but sellers continue to show up near the 100.487 level.

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