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USDJPY Back In Bullish Mode

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Many years from now, the people of Japan will tell their children and grandchildren of a time long since past when interest rates were negative and you actually had to pay the bank to give them money. The kids will go “Wow” in amazement and disbelief. The Bank of Japan announced this exact thing the past week and this is the present we currently live in and is likely to be the case for the foreseeable future. This should see the USDJPY now trade higher. Let’s analyse the daily chart and then

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