The USD/JPY currency pair will fall in the medium long term, in order to form a geometrical shape at 118.30, where is Fibo 0.76. The MACD on the daily chart indicates also a downtrend for this pair.
At this moment, the price is stuck in a tight range, according to the 8 hour chart. The USD/JPY currency pair will fall in the medium term, because the price is below EMA 100 on 8 hour chart and this is a confirmation of downtrend.
(No Ratings Yet)
Loading...
Add your review