Dollar A.S. / Yen Jepang
Pembelian

Key Resistance Zone in Play

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This is an interesting pair with the price action it is printing just at the moment.

After selling off lower, price formed a double bottom and has now moved back higher into the daily chart resistance ‘zone’.

I call it a zone because it is not a straight line by any means.

If you look at the daily chart you will see that when price previously held as support at this level it struggled to make a solid close below it and when it did, price quickly retreated back above it.

This is a major level to watch in the coming sessions.

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