1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USDJPY - Recovery Attempts So Far Hold Below Daily Tenkan-Sen At 102.88

Discussion in 'Technical Analysis' started by Kaitlin, Jun 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,858
    Likes Received:
    0
    The pair is supported in the near-term action, following bullish close of past two days, but shows hesitation on approach to strong 102.88 barrier (daily Tenkan-sen line 50% retracement of 106.78/98.98 fall) which so far limits upside attempts. Hourly studies show slight improvement, however, firm bears on 4-hour chart[​IMG]

    Continue reading...
     

Share This Page