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USDJPY moves higher with higher stocks

Discussion in 'Technical Analysis' started by ForexLive, Oct 15, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Tests trend line and 50% of the days range The USDJPY has moved higher perhaps partly in response to some further upside momentum in the US equities. The S&P index is trading at 2012.(high 2013). Moving back above the 2000 level is more bullish (can it stay above?). The JPY crosses are also ticking up a bit. Activity remains somewhat light (or so it seems).

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