Japanese Yen sustain retreat against US Dollar

Japanese Yen sustain retreat against US Dollar

Rami
31 (08) 2016 - 14:49 (GMT)
0

After market success with breakout above (101.45) the USDJPY managed to sustain advance toward target (102.65-85) as our previous report advised for the Short-Run (see here).

The Intraday-Levels & the Short-Run Levels have mixed indicators now where opportunity for more advance still on hand where resistance zone laying at (104.25-45) which may force the market to head for drop correction toward (101.75) zone.

Above (104.45) more advance may hit the market toward (106.50 – 107.00) zone

 

USDJPY

× Article short link: https://ramifx.com/?sOr5cD

Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

leave a comment