USD/JPY path of least resistance is up after the fall

USD/JPY dropped amid a worsening global mood: there are more signs of a slowdown and trade talks between the US and China are not going anywhere fast. The yen is in high demand, but dollar/yen may be limited in its falls. The Technical Confluences Indicator shows that USD/JPY has some support at 110.25 where we see the convergence of the […]

The post USD/JPY path of least resistance is up after the fall appeared first on Forex Crunch.

Add a Comment