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The real danger for USDJPY may be yet to come

Discussion in 'Technical Analysis' started by ForexLive, Sep 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    All jokes aside, there is still a danger to USDJPY Ok, we've had some fun with the BOJ this morning but there's a serious matter to attend to. The problem with having the BOJ announcement so close to the FOMC is that it can create a false image. USDJPY went down, then went up, then went down again to where we are now. That doesn't mean it's the end of the story.

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