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USD/JPY: Things could get hairy if 111.00 support gives way

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Markets are off to a ponderous start to the week as theres been essentially no new data to digest over the weekend. Global equities, fixed income, and currencies are all essentially unchanged across the board and with no major economic releases on tap for today’s US session (beyond the second-tier Existing Home Sales report at 14:00 GMT), the slow trade could continue throughout the day. While we may not be in the most exciting environment for intraday scalpers, a number of markets are at key

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