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USDJPY Remains Within N/T Congestion, Following Repeated Failures To Sustain Break Above...

Discussion in 'Technical Analysis' started by Kaitlin, Oct 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair continues to trade within near-term congestion, spanned between 103.26 and 104.62, following repeated failures to sustain break above 104.00 handle. Bullish daily studies and daily Ichimoku cloud underpin bulls, however, several attempts to close above 140.43 pivot (Fibo 61.8% of 107.47/99.52), were so far without results. This signals[​IMG]

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