The price has hit the key long term resistance area among 114.50-115.00. Below this resistance the possibility of a downside pullback is present. As it also coincide with the 78.6 Fibonacci retracement level for the overall major A-B wave. To the...
USDJPY daily chart The price has hit the key long term resistance area again, around 115.00. I warned of this resistance in my previous daily analysis post. Although we remain in a 1-year long upside trend, we are trading at the top of a longer term...