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USD/JPY Anchored Around 120, Fed Rate Hike In Sight

Discussion in 'Technical Analysis' started by Kaitlin, Oct 9, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY dropped to the support cluster at 119.80 yesterday, which caused the pair to retreat back above the 120.00 major level. Nevertheless, the Buck is likely to fall even deeper today, amid rising concerns of the Fed's rate hike delay. A dovish tone might push the Greenback all the[​IMG]

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