Yen/USD Cross Approaching Material Long-Term Resistance

2014-11-19 · by Brandon J. Ferro · in Airlines, Commodities, FX, JPY, Sectors, Technical Analysis, USD

In the chart below the Yen is reaching material long-term resistance at lines (1) and (2). In addition, its 61.8% Fib retracement level (3) formed off the 1998 highs / 2011 lows in the cross comes into play at the…

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