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USD/JPY Forecast: Lower in range

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 122.97 View Live Chart for the USD/JPY Lower in range. The USD/JPY pair maintains its neutral stance, having been consolidating below the 123.00 level, ever since the day started. The pair however, set a lower low daily basis at 122.73 before bouncing some. Nevertheless, the pair lacks directional strength as the 1 hour chart shows that the price is trading a few pips below a 100 SMA while the technical indicators are losing their upward strength above their

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