USDJPY Trading Forecast for June 6, 2016 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 6, 2016 1:24 PM

In our previous analysis, we said that USDJPY might temporarily correct down towards 109.40-109.20. And last Friday, price did hit even lower, making a new low at 106.40. We can see chances of it going up as long as 105.50 low remains intact.