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USD/JPY Remains Pressured Around 100.00 On Persistent Fed/BoJ Uncertainty

Discussion in 'Technical Analysis' started by Kaitlin, Aug 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/JPY continued on Thursday to consolidate its recent losses and fluctuate in a tight range right around the key 100.00 psychological support level. Mixed signals from Wednesday's release of July's FOMC meeting minutes that highlighted a divided Fed have contributed to a rather indeterminate directional bias for the currency pair.[​IMG]

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