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USD/JPY To Remain Under 111.00

Discussion in 'Technical Analysis' started by Kaitlin, Apr 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    A poor reading of the US Factory Orders caused the USD to weaken against the Yen on Monday, with the Bollinger band limiting the losses. Earlier today BoJ Kuroda's statement sparked risk aversion to appear in the markets, with the USD/JPY falling lower. No impetus today is expected to turn[​IMG]

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