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USD/JPY Forecast: Neutral below 114.00

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 113.62 View Live Chart for the USD/JPY Neutral below 114.00. The USD/JPY pair continues trading within a quite limited range this Monday, unable to retain gains beyond the 114.00 figure. The pair advanced during the Asian session, as the yen weakened alongside with the Nikkei's rally. But the European opening favored dollar's decline. The short term technical picture for the pair shows that the price remains above the 23.6% retracement of its latest decline

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