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USD/JPY Clears Path to 100 after BoJ Inaction

Discussion in 'Technical Analysis' started by Kaitlin, Jun 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    After the Bank of Japan's inaction overnight, the Nikkei fell a good 3% and the USD/JPY, which was already downbeat because of a dovish Fed the night before, tumbled below 105 to reach a low so far of 103.55. The USD/JPY and the dollar in general, has since bounced back[​IMG]

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