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USD/JPY In Limbo Ahead Of US Fundamentals

Discussion in 'Technical Analysis' started by Kaitlin, Apr 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar was unable to post gains against the Japanese Yen or pierce the 55-day SMA on Monday, resulting in a 63-pip loss over the day. The USD/JPY currency pair remained above the 111.00 mark, but now risks edging even lower, unless the demand area around 110.30 in face[​IMG]

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