USD/JPY Break Above Y80 As Dollar Surges

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USD/JPY Break Above Y80 As Dollar Surges

The Japanese Yen (JPY) USD/JPY was in the headlines breaking and closing above the Y80 level. Further gains saw Y80.40 tested and we could be in store for sharp moves higher if the shorts capitulate. AUD/JPY and EUR/JPY have both been underperforming and could add to the Cross strength if stocks can rally. The BOJ is expected to increase its own QE program next week.
USD/JPY Break Above Y80 As Dollar Surges Instaforex_mb_760x151_en

USD/JPY Break Above Y80 As Dollar Surges Instaforex_mb_760x151_en

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