the daily chartist

USD/JPY recap for 15.09.2015

published 5 years ago

 No major events for the Yen yesterday except for Kuroda's speech. As noted, the zone around 119.267 is a buy zone and the price dipped as the speech went on to the zone and then bounced back sharply for 80 pips for a close at 120.403. The pair is still consolidating and this from my view will continue until Thursday.