USDJPY's downward movement from 114.95 extended to as low as 112.61. Further decline to test 111.59 support would likely be seen in a couple of days, a breakdown below this level will signal resumption of the longer term downtrend from 118.66 (Dec 15, 2016 high), then next target would be at 110.00 zone.
For more short term forex analysis and info visit via USDJPY Daily Analysis - February 20, 2017 . Thanks for your support.
No comments:
Post a Comment