USDJPY - Consolidating

U.S. Dollar/Japanese YenFXCM

Description

⋅ Dec 3, 2012 11:09 AM

The USDJPY has consolidated itself right after it broke out of the uptrend channel. To continue the recent move, it will have to get over 82.81 to reach 84. On the other hand a drop under 81.66 could signal a retest on the 80.60.

Comments

Razvan

⋅ Dec 6, 2012 8:43 PM

the range is still in place :)