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What happens when the dam breaks

Discussion in 'Technical Analysis' started by ForexLive, Feb 8, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    This is the make-or-break moment USD/JPY broke a huge support level today. Technically, that leaves very little support until 110.00, or lower. The S&P 500 is down 45 points today in the second day of heavy selling. The low is 8 points from the August bottom and 16 points from the January spike low.

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