Technical Analysis

USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI

USD/JPY managed to rise from the weekly lows of 114.15 and closed the week at 115.15. Poor ADP figures weighed on the USD but upbeat US NFP gave back the strength to the dollar. Market participants are looking at US inflation data next week. The USD/JPY weekly forecast is slightly positive with an overall neutral … Continued

The post USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI appeared first on Forex Crunch.

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