USD/JPY: the pair is traded in the range of 109.40 – 110.20. Technical analysis as of 27.05.2016

Forex analytics: Review and dynamics Since the beginning of this week the pair USD/JPY has traded in the range of 109.20 – 110.50. In the last two days the range has narrowed to the range of 109.40 (ЕМА200, ЕМА144 on 4-hour chart) -110. 20, (upper limit of the descending channel and ЕМА50 on the daily chart).Investors are waiting for the outcome of Mrs. Yellen’s speech today and the data on the US ...