Technical Analysis

USDJPY cracks under 200 hour MA. Appears towards subsequent draw back goal

1st break since Jan 15th

The USDJPY moved under its 200 hour MA (inexperienced line) for the primary time since January 15th.  As per an earlier submit the pair will subsequent goal the 109.14 to 109.189 space. Sellers in search of extra draw back will now prefer to see damaged 200 hour MA as shut threat degree at 109.378.  A extra conservative threat  degree is the 100 hour MA at 109.586.  

1st break since Jan 15th

ForexLive


Clickbank Promo Tools
Wiadforex
Wiadforex is a big online financial news, technical, fundamental analysis, trade ideas, option and educational site with a focus on Nigeria, Africa and world in general. This is an independent online forex platform. That is publish by Wiad Consultancy Services
http://www.wiadforex.com

Leave a Reply

Your email address will not be published. Required fields are marked *


Recommended Clickbank Products