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Kiavash Kiavash USDJPY, 15, Short
USDJPY: USD/JPY drops to test 118 despite positive China open
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USDJPY, 15 Short
USD/JPY drops to test 118 despite positive China open

USD/JPY upside capped by 5-DMA Currently, the USD/JPY pair trades 0.57% higher at 118.30, holding on the recovery above 118 handle. The major failed to sustain at higher levels and edged higher following a relief rally seen in the Asian indices, especially with a positive opening in China’s stock markets. The Chinese benchmark, the Shanghai Composite (SSEC) index ...

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