USDJPY still facing downtrend pressure over Short-Run

USDJPY still facing downtrend pressure over Short-Run

Rami
19 (07) 2016 - 12:19 (GMT)
0

 

USDJPY still facing downtrend pressure over Short-Run where downtrend line still affecting market as long as prices hold below (106.80 - 107.25) as we see over the chart.

as long as market holding below 106.80 we will expect another drop correction toward 103.40-60 zone

while above 107.25 market may add more advance toward 108.50 zone

 

USDJPY

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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 .

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