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Dollar moving higher. Stocks bouncing and trades at highs for the day

Discussion in 'Technical Analysis' started by ForexLive, May 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USDJPY above 107.00... The USDJPY has moved higher as stocks rebound and trade at highs for the day. Apple which threatened to jump off the ledge at the 92.00 level is trading back up to 92.34 -still down on the day but it is not close to jumping just yet. The S&P is up 0.29% and the Nasdaq is up about 0.24%.

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