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Naomi293

Weekly Predictions (Jan 28 - Feb 1)

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Naomi293 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Moving Averages USDJPY dailychart
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supportandresistance movingaverage usdjpy dailychart
- Price has been ranging between 109 and 110 for the past few days
- Downwards retest on EMA (25, close) not strong enough
- Need a long bearish candlestick or break on the upside to indicate a direction
Comment:
4-hr chart

snapshot

- Price currently below EMA (25, close)
- Two successful retests after break below 109.5
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