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USD/JPY Falls On Fed Rate Hike Delay Speculation

Discussion in 'Technical Analysis' started by Kaitlin, Feb 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The USD/JPY partially recovered from its intraday low of 111.00 on Thursday, as Yellen's remarks dispersed some speculation concerning the Fed's monetary policy. However, the pair still closed with a 90-pip loss and is showing little sign of a possible rebound today. The rally could occur, pushing the pair towards[​IMG]

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