ForexSQ , Currency Trading , Online Forex Trading , Foreign Exchange , Day Trading , Forex News , Forex Trader , Forex Tutorial , Learn Free Forex

Technical Analysis: USD/JPY | Admiral Markets

img The pair is trading within the same tight range below the 100-Day SMA, so we see the risks of testing the 76.50 support, with a break below to confirm declines ahead of the 75.50 low. Only a consolidation above the 100-Day SMA would extend gains towards the 50-Day SMA by 77.45, the 78.30 resistance and the 200-Day SMA by 78.50.

Who Voted for this Story