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Forex pairs in this Article » USD/JPY
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Talking Points

  • Prices turned lower as expected after showing a Dark Cloud Cover candle pattern
  • Breaking support at 101.76 (23.6% Fib, channel bottom) exposes 100.77 (38.2% Fib)
  • Above channel support-turned-resistance (102.29) targets the Dec 3 high at 103.37
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-jpy_body_Picture_11.png, Forex: USD/JPY Technical Analysis – A Top in Place Above 103.00? Daily Chart - Created Using FXCM Marketscope 2.0

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