BECKHAM
10-05-2014, 04:24 AM
The Japanese Yen trades at critical resistance versus the US Dollar (USDJPY trades at support). Given extremely low volatility expectations it seems unlikely we see a major USDJPY breakdown, but any major surprises out of upcoming Japanese data could force sharp currency swings.
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2014/05/09/Japanese-Yen-Remains-a-Sell-Until-this-Changes.html)
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2014/05/09/Japanese-Yen-Remains-a-Sell-Until-this-Changes.html)