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USDJPY trades at new session/week highs

Discussion in 'Technical Analysis' started by ForexLive, Jan 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Squeezes above the 38.2%. Trades at the highest level since January 6th I wouldn't have thought it, but today is a different trading day with risk increased as a result of the FOMC decision. Technically, there have been bullish signs with the holding of the 100 hour MA and trend line at the lows and the breaking of the trend line on the topside.

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