JPY Daily Review for June 7, 2018
|Several yen-crosses are at resistance which could put a dent in the recent rise off the low.|
|The dollar-yen exchange rate may continue to consolidate ahead of the FOMC rate decision on June 13 as it snaps the bullish series carried over|
|Yen weakness as taken USD/JPY into confluence resistance ahead of major event risk next week. These are the updated targets & invalidation levels that matter.|
|The US dollar fell against the Japanese yen during the trading session on Thursday, as the 200 day simple moving average continues to cause issues. Beyond th…|
Have a nice trading!