Feedback Form
10 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Technical Update USD/JPY Testing Powerline

posted by Avatar FXTimes 899 days ago in USD, JPY, Technical made popular 899 days ago

4H and 1H: In the most recent weekly post, it was noted that there was resistance at the 90.80 area. More importantly, the market is testing the 88.00 area. (Refer to Daily Technical Update 12.07.09 EUR/GBP). The decline came in the form of a declining channel and today’s action shows it may decline further.
Log in to comment or register here.