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FXHighway
Mar 19, 2014 5:47 AM

USDJPY still under the pressure Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY visits the key support area around 101.20, with a break below that will lead to visit 100.20 initially, and more pressure to come to push towards 96.93.

EMA50 still pushes negatively, and the exit key from the current bearish correction would be breaching above 103.45.
Comments
Mirandole
It seems this 101.180-support attract more and more people.
FXHighway
Yes ,, it is indeed ,, its value raises with more visits around it :)

Need to be careful there, a break could push for more bearish actions , and stop the chances to turn back to the bullish trend again.
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