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USD/JPY Forecast: Losing upward potential

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 2, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 114.36 View Live Chart for the USD/JPY Losing upward potential. The USD/JPY pair advanced in the Asian session, extending its rally up to 114.55 following the release of an encouraging ADP survey, which showed the US private sector added 214K new jobs in February. Buying interest has anyway, diminished during the European session, as local stocks struggle to post gains. The 1 hour chart shows that the pair has been pretty much consolidating its latest gains, but the

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