The Traderszone Network

Published in TZ Latest News 3 November, 2017 by The TZ Newswire Staff

Forex technical analysis: USDJPY moves to topside trend line and stalls on data

Better data but USDJPY stalls at trend line resistance
The Factory orders and the ISM non-manufacturing data were both better than expectations, but the topside trend stalled the rally at the 114.16 level.  The pair has rotated back toward 114.00.