USDJPY Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:15 UTC
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 could be expected after consolidation.

usdjpy chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.