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USD/JPY Trades Flat Ahead Of NFP Figures

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The US Dollar outperformed the Japanese Yen for the eight consecutive time yesterday, successfully breaching the tough resistance area in front of the 104.00 major level. This opens the door for another rally, which would imply the USD/JPY closing above the 104.00 mark, thus, establishing a fresh two-month high. However,[​IMG]

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