USDJPY still facing downtrend pressure

USDJPY still facing downtrend pressure

Rami
19 (01) 2017 - 11:33 (GMT)
0

As we see over the chart, USDJPY facing downtrend resistance around 115.00 which may push for another drop toward 113.20 zone

The intraday indicators showing the downtrend wave sustain as long as market holding below 115.65 resistance level

Above 115.65 more advance will be expected to test 116.80 zone

 

USDJPY

× Article short link: https://ramifx.com/?aE5M8R

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