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USDJPY Technical Analysis October 9th

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

USDJPY Technical Analysis October 9th

We keep our bullish prediction of USDJPY. As we have published in our technical analysis on October 6th, pullbacks towards 112.200 are buying opportunities.

USDJPY Technical Analysis and Forecast October 6th

Fundamentals:

North Korea case was supporting the Yen as a safe haven, but the realization that North Korea is unlikely to start a war with US has slowly seeped into the markets over the last few weeks. Thus, NKorea-led Yen gains have been short-lived.

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This article was written by Emre Tutucu for http://www.fxters.com/usdjpy-technical-analysis-october-9th/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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