USD/JPY In Limbo Ahead Of Inflation Data

Discussion in 'Technical Analysis' started by Kaitlin, Apr 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The risk appetite returned to the markets on Wednesday, causing the USD/JPY currency pair to edge higher, despite rather weak US Retail Sales figures. Momentum, received after reconfirming the 18-month low, appears to be sufficient for the Buck to sustain a short-term bullish trend. Consequently, the US Dollar is expected[​IMG]

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