USD/JPY To Continue Edging Lower

Discussion in 'Technical Analysis' started by Kaitlin, Apr 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY retained its weakness after Yellen's dovish stance last week, which resulted in the pair's 90-pip slump on Friday. The Buck is still subject to a possible decline today, but with the immediate support, namely the Bollinger band, the weekly and the monthly s1s, most likely limiting the losses[​IMG]

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