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USD/JPY: Safe-Haven Demand Rises

Discussion in 'Technical Analysis' started by Kaitlin, Jan 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar declined against the Japanese Yen on Monday, with price moving slightly outside the lower boundary, amid the return of risk aversion. The risk-off sentiment keeps prevailing today as well, pushing the USD/JPY lower, ignoring the immediate support in face of the 20-day SMA. The next level to[​IMG]

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