Previous Close | 0.0066 |
Open | 0.0066 |
Bid | 0.0066 |
Day's Range | 0.0066 - 0.0066 |
52 Week Range | 0.0066 - 0.0077 |
Ask | 0.0066 |
The Bank of Japan tried jawboning the markets overnight, offering a buying opportunity for those that are more long-term focus in this pair.
The USD/JPY pair is currently sitting at the top of the overall trading range we have been in, and it makes a lot of sense that people are going to “buy on the dip” going forward.
The USD pulled back ever so slightly during the early hours on Monday, as the market is trying to build up momentum for a break above 152.