TradingSig

USD/JPY Currency Pair Chart

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY pair bearish momentum remains firm, as the currency was heading towards 2016 low. A weak currency was the rationale provided for the 1% rally witnessed in the Nikkei Index. Market talk is of institutional buying, retail investors, and pension all looking for stock. Our possible entry at 105.180 is in progress.
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