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USD/JPY Forecast: The dollar advances against the Japanese yen ahead of the US opening

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 19, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 123.46 View Live Chart for the USD/JPY The dollar advances against the Japanese yen ahead of the US opening, as speculation that the FED will finally raise rates in December maintains the pair bid. Holding near its highs, the pair is still 10 pips shy of the monthly high posted at 123.59 earlier this month, and will take a break above it to confirm a more sustainable bullish run. In the meantime, the technical picture favors the upside, as in the 1 hour chart, the moving

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