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USDJPY Unlikely To Escape From The Bearish Trend Just Yet

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    A recent downturn for the USDJPY is signalling that the pair's recent bullishness might be about to end as the long-term bearish trend resumes. Specifically, another divergence and some compelling EMA activity could be hinting that the pair is set to seek out support as low as the 106.00 handle.[​IMG]

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