Forex technical analysis: USDJPY the wild child

Discussion in 'Technical Analysis' started by ForexLive, Feb 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    RISK IS ELEVATED.. Risk is elevated. Why? There is Market risk (that is with us all the time), event risk and liquidity risk (that is not always with us). The BOJ reported "call around" is a potential event risk that unlike an economic release, is untimed and could happen again at any time and you just saw what could happen as a result of it (the USDJPY got within 14 pips of unchanged in an instant (it was down 233 pips at the lows of the day).

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