USD/JPY Forecast: Looking for levels below 110.00

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 6, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 110.39 View Live Chart for the USD/JPY Looking for levels below 110.00. The USD/JPY pair trades uneventfully near its recent lows, having met some short term selling interest on attempts to advance beyond the 110.60 level, the immediate resistance. The Nikkei closed pretty much flat, down by 17 points, stabilizing after nose-diving for two days in-a-row. Technically, the risk remains towards the downside, as the line in the sand to confirm a long-term u-turn stands

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