USDJPY Reaches Key Inflection Point at 111.00 - forex leaning place

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    Saturday, 28 July 2018

    Home FF All News Forex learning USDJPY Reaches Key Inflection Point at 111.00

    USDJPY Reaches Key Inflection Point at 111.00

    USDJPY bulls are on the brink of full retreat. Following the break above descending channel resistance on June 29th, buyers managed to take prices 250 pips higher. However, something snapped last week. The daily close back below the 112.00 handle on the 20th was a red flag for anyone with a bulli...


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