USD/JPY Forecast: Trying to regain 113.00

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 113.10 View Live Chart for the USD/JPY Trying to regain 113.00. The USD/JPY pair remained capped below the 113.00 for most of this Friday, having advanced up to a daily high of 113.01 before retreating. The pair traded within yesterday's range, without much directional conviction. The US Retail Sales beating expectations however, helped the pair to advance to fresh daily highs near 113.20, albeit so far the advance seems quite limited. Technically, the 1 hour chart shows

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