USD/JPY To Remain Above 102.00

Discussion in 'Technical Analysis' started by Kaitlin, Aug 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Greenback strengthened across the board on Friday, triggered by Fed Yellen's surprisingly hawkish statement that day. As a result, the USD/JPY currency pair surged more than 130 pips, while also opening above the 102.00 major level today. A bearish development today is unlikely, but possible, as technical indicators are[​IMG]

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