USDJPY 2017-12-14 Intra-day analysis

USD slips as Fed hikes rates

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USDJPY intra-day analysis USDJPY (112.62): The USDJPY posted strong declines yesterday as the U.S. dollar fell to a four day low. On the 4-hour chart, price closed below the support level of 113.00 - 112.90. Any short term retracement will see price retesting this level to establish support. To the downside, USDJPY could be seen pushing lower to test the next support formed at 112.04. Alternate...


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