USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200
USD/JPY TECHNICAL ANALYSIS The U.S. dollar rallied at the start of the week, bolstered by surging U.S. Treasury yields following the release of the U.S. ISM manufacturing report, which showed a jump in the employment and prices paid components of the survey. In this context, USD/JPY advanced more than 0.8% to ~137.40 in afternoon trading, …
USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200 Read More »