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USD/JPY keeps moving to three-month low

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD strengthens a drop below 1.0750 “More recently the US dollar has underperformed especially against the euro during less favorable conditions for global investor risk sentiment as long US dollar positions have been reduced.” - Bank of Tokyo-Mitsubishi (based on WBP Online) Pair’s Outlook EUR/USD was down for a third session in a row on Tuesday. The currency pair was hammered by depressing European fundamentals, which led to a dip below the second daily support of

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