USD/JPY and USD/CAD at Respective Consolidation Resistance

By May 19, 2015Bitcoin Business

The USD has been strong for the past few sessions. The USD/JPY and USD/CAD have both rebounded to key levels. Let’s take a look at the charts.

USD/JPY 4H Chart 5/19 usdjpy 4h chart 5/19 (click to enlarge)

USD/JPY has been trading in a range roughly between 118.33 and 120.84 since the end of March. The market shows price and moving averages moving in a messy but ultimately sideways manner. The RSI oscillated between 70 […]

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