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USD/JPY Trades In Murky Waters

Discussion in 'Technical Analysis' started by Kaitlin, Feb 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Same as yesterday, the appeal for safe havens, such as the Japanese Yen, is relatively high. On Thursday the USD/JPY currency pair broke through a rather strong support area, leaving the door open for a decline towards the 112.00 mark. This major level is somewhat bolstered by the monthly S3,[​IMG]

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