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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    USD/JPY continued its rally after the Nikkei reported that the BoJ is considering cutting rates even further into negative territory. USD/JPY rallied to a high of 103.20 overnight and is up almost 200 pips from yesterday's low. Resistance is expected at 103.80, but the major obstacle for now is 104.30[​IMG]

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