UsdJpy - Sideways Pattern Hints Further Declines

26 Kas 2017

UsdJpy continued to decline taking out both targets and key areas of support. A re-test of the 111.719 area of support turning resistance will be a good place for more aggressive Bears to look for Shorts. Whilst more conservative Bears may prefer a break of 111.321 first. A break of the 111.321 area of support will clear the way for a run towards 110.008.