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USDJPY Returns Above 104 As Daily Cloud Top Continues To Underpin

Discussion in 'Technical Analysis' started by Kaitlin, Oct 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Daily Ichimoku cloud top proved again as very strong support, as Thursday's strong pullback from fresh high at 104.62 was contained there and daily cloud (spanned between 102.32 and 103.50) continues to underpin near-term action. Fresh upside attempt on Friday that emerged above cloud top, probes above 104.00 barrier and[​IMG]

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