1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USD/JPY Attempts To Erase Wednesday's Losses

Discussion in 'Technical Analysis' started by Kaitlin, Mar 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,858
    Likes Received:
    0
    Strong US fundamental data failed to provide sufficient impetus to breach the 114.00 psychological level, which resulted in the USD/JPY's 50-pip loss yesterday. However, risk-on sentiment appears to be prevailing today, creating a possibility for the pair to negate Wednesday's losses and even establish a new 13-day high. The closest[​IMG]

    Continue reading...
     

Share This Page