The Traderszone Network

Published in TZ Latest News 22 April, 2016 by The TZ Newswire Staff

Where next for USDJPY after the 110.00 break?

The 110.00 level was a significant one until the overnight BOJ news blew it up.
The 110 level marked an important point for the recent downward move in USDJPY. It was a big level on the way down and thus naturally becomes a big level on the way back up.