1) the 200dma
2) the psychologically important 100 level
3) at Gap support
HeadlineCharts says that the Yen appears to be in a new downtrend. I think he could be right.
Momentum Trading and The Japanese Yen
On the currency front, the Japanese Yen is certainly looking interesting. The Yen is near 3 layers of support right now:
1) the 200dma
2) the psychologically important 100 level
3) at Gap support
HeadlineCharts says that the Yen appears to be in a new downtrend. I think he could be right.
1) the 200dma
2) the psychologically important 100 level
3) at Gap support
HeadlineCharts says that the Yen appears to be in a new downtrend. I think he could be right.