USD/JPY Forecast: Heading towards 122.20

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 8, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 122.89 View Live Chart for the USD/JPY Heading towards 122.20. The Japanese yen advanced after the release of a stronger-than-expected second estimate of Japanese GDP in Q3, with Real GDP growth revised upwards to an above trend annualized expansion of 1.0% from an initially reported contraction of -0.8%. The USD/JPY pair fell down to the 122.80 region, where it stands ahead of the US opening, pointing to extend its decline in the short term. In the 1 hour chart, the

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