USD/JPY Forecast: More slides below 119.35

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 13, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 119.65 View Live Chart for the USD/JPY More slides below 119.35. The USD/JPY pair trades slightly lower daily basis, holing near its daily low of 119.59 ahead of the US opening. The pair come under pressure on the back of stocks' slide in Asia, albeit the movement lacks momentum, with the price still confined within its latest range. Technically, the 1 hour chart shows that the 100 SMA is slowly detaching from the 200 SMA well above the current level, whilst the

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