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USD/JPY Poised To Begin Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Oct 9, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY remained relatively unchanged on Thursday, having lost only eight pips. The immediate support cluster kept the US Dollar afloat and is likely to cause a rebound from the Buck's three-day slump. As a result, the Greenback should return above the 120.00 major level, around which it orbited for[​IMG]

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