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Forex technical analysis: USDJPY falls and rises. JPY crosses helping

Discussion in 'Technical Analysis' started by ForexLive, Sep 2, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Stock market? The US employment report headlines sent the USDJPY lower on the initial reaction, but all those pips to the downside have been erased. Why? Stock market perhaps. Fed one and done. The Nasdaq is up about 19 points and the S&P is up around 7 points. Pairs like GBPJPY reversed and traded at session highs.

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