Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 10, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 10 Dec 2015 08:13 GMT USD/JPY - 121.70 The greenback's selloff below last week's low at 122.30 to as low as 121.07 yesterday on dollar's broad-based weakness post the release of downbeat U.S. wholesale inventories data signals the decline from November's 12-week peak at 123.77 has resumed and consolidation with downside bias remains for weakness towards 120.80/90. However, loss of momentum should keep price above 120.57 this week and yield

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