USD/JPY: Risks Skewed To The Upside

Discussion in 'Technical Analysis' started by Kaitlin, Sep 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Even though the US Dollar weakened against the Yen on Thursday, the pair still experienced only an 18-pip loss. As a result, the eight-month down-trend received another confirmation and, technically, should trigger another USD/JPY sell-off. However, according to technical studies, that is not going to be the case, as signals[​IMG]

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