-
USDJPY plummets to fresh 5-month low
USDJPY is tumbling to a new five-month low near 106.77 today, struggling within the downward sloping channel. The RSI is trending south in the oversold zone, while the MACD is heading down below 0, posting a bearish cross with its trigger line. Both are signaling more losses in the daily timeframe. If the price continues lower and drops beneath today’s low, this could open the door for the 105.65 support, taken from the bottom on April 2018. Even sharper losses would bring into range the ten-month low of 104.64. Should the pair manage to return up it could open the way for the 107.80 resistance level, registered by ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jun 25, 2019 7:29am Jun 25, 2019 7:29am
- AnniLi
- | Commercial Member | Joined Jan 2015 | 2212 Comments
- Comment #2
- Quote
- Edited 10:46am Jun 25, 2019 8:25am | Edited 10:46am
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments
- Comment #3
- Quote
- Jun 25, 2019 9:15am Jun 25, 2019 9:15am
- Mundo
- Joined Feb 2017 | Status: Member | 88 Comments
Invest in Life