USD/JPY have strong support between 117 and 118!

usd-jpy 15.12.

After seventh weekly growth in a row at USD/JPY, the pair finaly cool off last week, but on each decline buyers are waiting between 117 and 118 after which they push the pair back up to 119/120. This is a normal consolidation for the pair after enormous growth and furder up/down move between this levels are possible.

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One comment

  • Točno se odbio od 119 i nazad na 117.60, kako si i napisao, “furder up/down move”. 🙂 Genijalno.

    Liked by 1 person

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