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USD/JPY Forecast: 119.60 now caps

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 119.20 View Live Chart for the USD/JPY 119.60 now caps. After falling down to 118.86, the USD/JPY pair is currently recovering some ground ahead of the US opening. The Japanese yen strengthened during the Asian session as local share markets plummeted, with the decline being exacerbated after the pair triggered stops below the 120.00 mark. Technically, the pair may correct further higher in the short term, as in the 1 hour chart, the technical indicators are heading

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