USD/JPY Technical Analysis: Treading Water Above 117.00 – DailyFX

USD/JPY Technical Analysis: Treading Water Above 117.00DailyFXThe US Dollar advanced against the Japanese Yen as expected after putting in a Bullish Engulfing candlestick pattern. A daily close above the 23.6%Fibonacci expansion at 119.48 exposes the December 23 high at 120.82. Alternatively, a turn below …and more »…USD/JPY Technical Analysis: Treading Water Above 117.00 – DailyFX

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