17 Feb 2015
USD/JPY risks to the downside – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team gives the technical outlook for USD/JPY.
Key Quotes
“Steady above the 118.18 low though risk stays on the downside.”
“Lower the 118.00 level to watch as break will trigger stronger pullback within the 2-1/2 mth triangle.”
“Resistance now at 118.85 then 119.20/22 area. Above the latter needed to fade downside pressure.”
Key Quotes
“Steady above the 118.18 low though risk stays on the downside.”
“Lower the 118.00 level to watch as break will trigger stronger pullback within the 2-1/2 mth triangle.”
“Resistance now at 118.85 then 119.20/22 area. Above the latter needed to fade downside pressure.”