USDJPY- Bears have upper hand after tepid CPI Short

U.S. DOLLAR / JAPANESE YENICE

Description

⋅ Jul 14, 2017 1:22 PM

USDJPY has broken support on 4 hr chart. Next level of support of 111.73. Stop @ 113.5. Target 110/110.5 range. KST has moved into negative zone as well supporting the bearish view.

Comment

⋅ Jul 24, 2017 3:34 PM

Touched a low of 110.65. Closing trade.

Trend Analysis