USD/JPY In Limbo Just Under 114.00

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even though the US Dollar outperformed the Japanese Yen on Friday, the exchange rate remained between the 112.00 and 114.00, namely within its consolidation range. Consequently, the Greenback is now expected to weaken, as trade opened less than ten pips from the upper border of the consolidation trend. However, a[​IMG]

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