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USDJPY - Return Below Kijun-Sen Line Increases Downside Pressure

Discussion in 'Technical Analysis' started by Kaitlin, Sep 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Near-term price action holds below broken daily Kijun-sen line after Monday's strong fall that ended in long red daily candle. The fall erased the most of previous two days rally that was rejected at 103.04. Also, failure to sustain breaks above daily Tenkan-sen line at 102.74 and return below Kijun-sen[​IMG]

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