USDJPY 7790-7800 in Focus as Near Term Support
Forex pairs in this Article »
USD/JPY
Daily Bars
Prepared by Jamie Saettele, CMT
No change: "The contracting range of the USDJPY raises the possibility of a bearish triangle. The implications from the current level would be for the range to tighten further for the next few weeks before a terminal thrust ends below 7712. 7860 is estimated resistance and 7790 estimated support."
LEVELS: 7712 7743 77907864 7923 7966
Prepared by Jamie Saettele, CMT
No change: "The contracting range of the USDJPY raises the possibility of a bearish triangle. The implications from the current level would be for the range to tighten further for the next few weeks before a terminal thrust ends below 7712. 7860 is estimated resistance and 7790 estimated support."
LEVELS: 7712 7743 77907864 7923 7966
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