USD/JPY On The Edge Of Slipping Below 106.00

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar edged lower against the Japanese Yen, as risk aversion was dominating the markets on Monday and, as a result, drove the pair almost to the 106.00 level. Technical indicators retain their bearish signals today, suggesting that more bearish momentum is likely to follow. In this case the[​IMG]

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