USD/JPY - Page 177
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Thread: USD/JPY

  1. #1
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    USD/JPY

    Thread for USD/JPY discussion - latest news, technical analysis, forecasts and opinions.

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  2. #1761
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    The last height of this pair may have reached its end based on graph patterns and technical indicators. On Friday, this pair saw his day moving upward, but the momentum slowed as he approached the 113.00 resistance level. After closing at this level, the pair lost its gains to retreat near the start levels. While this left comfortably above the 112.00 level, he also printed a bearish meteor candle. With this level at a high swing, there is a good chance that the next move will be down. We are monitoring the 112.46 level as falling below it is the first indicator that the formation of the Pinbar appears.

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