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 Begins The Year With A 140-Pip Slump

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

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    Last week the USD/JPY currency pair retested the 120.00 major level and closed slightly higher—at 120.23. On Monday the USD weakened against the JPY significantly, the demand for which rose after Chinese data disappointed. As a result, the given pair fell to a fresh two-month low, and keeps edging lower[​IMG]

    Continue reading...
     

Share This Page