USD/YEN Update – 07/09/2017 (11:20am) – by Arjun Lakhanpal

September 7, 2017 by

USD/YEN Update – 07/09/2017 (11:20am): USD/JPY recovery has faltered and attention is back on the April low at 108.13, this must hold for near term stability to be maintained and for scope to the 111.02/09 current August high and 55 day ma. Above here would target the 112.42, the 200 day ma. There is scope for the top of the range at 114.38/49.