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USD/JPY Poised For More Weakness

Discussion in 'Technical Analysis' started by Kaitlin, Jun 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY pair was rather subdued on Tuesday, as it experienced only a slight downside reaction over the day, without reaching any significant technical level. However, a stronger-than-expected Japanese GDP figure earlier today boosted the Yen, causing the pair to drop below the 107.00 mark. The support cluster around this[​IMG]

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