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USD/JPY On The Brink Of Plunging To 4.5-Month Low

Discussion in 'Technical Analysis' started by Kaitlin, Jan 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even a positive reading of the employment data Tuesday was insufficient to help the USD/JPY recover. However, the because of that data the pair failed to drop as low as Oct 2015 low, but another devaluation of the Yuan today triggered a buying spree of safe haven currencies, such as[​IMG]

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