The Traderszone Network

Published in TZ Latest News 22 June, 2017 by The TZ Newswire Staff

Forex technical analysis: USDJPY ratchets down but not an easy route

US yields are dipping
The USDJPY is ratcheting to the downside but the route it is taking is not a smooth ride.
Yesterday and on Tuesday, the pair stalled ahead of swing highs and the 100 day MA (at 111.79 today).  That sent the price back down.