USD/JPY Price Rally Stalls at 132.87, Eying Fed Speak

The USDJPY pair has registered only a false breakout above the historical level, so the retreat is natural. The USD rallied as expected after better than expected figures on Friday. A new higher high activates further growth. The USD/JPY price turned to the downside in the short term as the Japanese Yen Futures rebounded while … Continued The post USD/JPY Price Rally Stalls at 132.87, Eying Fed Speak appeared first on Forex Crunch.

USD/JPY Price Rally Stalls at 132.87, Eying Fed Speak

The USDJPY pair has registered only a false breakout above the historical level, so the retreat is natural. The USD rallied as expected after better than expected figures on Friday. A new higher high activates further growth. The USD/JPY price turned to the downside in the short term as the Japanese Yen Futures rebounded while … Continued

The post USD/JPY Price Rally Stalls at 132.87, Eying Fed Speak appeared first on Forex Crunch.