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Nial Fuller
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Nial Fuller is an Australian, Independant Forex and Futures Traders who has mastered the art of 'Price Action Trading' and applies his simplistic methods to the Forex Market and Stock Index Futures. A career spanning nearly a decade, his strong passion for Financial Markets has fueld a... More
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Learn To Trade The Market
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Nial Fuller's Price Action Forex Website
  • Dollar/Yen Rotates Up Toward Key Sell Area 0 comments
    Jun 18, 2013 10:23 PM

    The USDJPY has pushed higher the last two days after finding support down near 94.00 - 93.75 late last week. Overall, momentum and daily chart trend is bearish, and if this market continues to retrace higher we can watch for price action sell signals from resistance to rejoin the downtrend. The primary resistance area we will watch is up near 97.00 and up to about the 21 day EMA; if we get an obvious 4 hour or daily chart price action sell signal within that resistance area it could be a good opportunity to rejoin the downtrend.

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