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USD/JPY Forecast April 9, 2012, Technical Analysis

posted by Avatar FXEmpire 836 days ago in USD, JPY, Technical made popular 836 days ago

The USD/JPY fell hard on Friday as the Non-Farm Payroll numbers came out weaker than expected. The miss was a total of 80,000 fewer jobs added in America than the 200,000 or so expect. The fall was immediate, but a bit of a bounce happened after the announcement, and the sell off doesn’t exactly look convincing.

The 81.50 level looks like it is tr
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