The Traderszone Network

Published in TZ Latest News 8 September, 2017 by The TZ Newswire Staff

Forex technical analysis: USDJPY rebounds but stalls ahead of old year low

The 108.12 is eyed above
The old USDJPY low for 2017 was in April at 108.12.  Yesterday, that level was breached on the way to a new year low of 108.037. The price quckly rebounded to the underside of a broken trend line.