Wednesday, June 13, 2018

USPJPY Retreats from Key Resistance

USDJPY retreats from key resistance around 110.55 as the FED hikes rates a quarter percentage Wednesday (June 13, 2018). Confirmation of further depreciation will depend heavily on the YEN as markets remain uncertainty of U.S/ Korean Diplomacy. The Dollar Index remains consolidated around 94.00- 93.50 area for the week.

Lets' see how the dice rolls...





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