Dollar/Yen Back At 80.00 Level – No Follow Through Seen After Bearish Reversal

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The USDJPY is once again trading back at the 80.00 level. The bearish engulfing candle we discussed in a previous post (when price was at 79.63) was followed by a downside move to a low of 79.27 before the dollar/yen currency pair resumed its upside trajectory. …

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Dollar/Yen Back At 80.00 Level – No Follow Through Seen After Bearish Reversal

Dollar/Yen Back At 80.00 Level – No Follow Through Seen After Bearish Reversal

Posted on by

The USDJPY is once again trading back at the 80.00 level. The bearish engulfing candle we discussed in a previous post (when price was at 79.63) was followed by a downside move to a low of 79.27 before the dollar/yen currency pair resumed its upside trajectory. …

See the rest here:
Dollar/Yen Back At 80.00 Level – No Follow Through Seen After Bearish Reversal