USD/JPY Struggles To Remain Above 101.00

Discussion in 'Technical Analysis' started by Kaitlin, Aug 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Yen was outperforming the US Dollar through most of Friday, when a set of poor US fundamental data only added more oil to the flame. As a result, the USD/JPY pair almost completely erased preceding gains, managing to remain above the 101.00 major level. Demand at the 101.00 mark[​IMG]

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