USD JPY Limit Buy at 9215

The Japanese Yen remains volatile with no clear direction in play. There is a tug o’ war between the Dollar and the Yen as both currencies are loosing ground across the board. Risk appetite strengthen as positive news adds signs that the worst is over and the world is slowly emerging from the depths of the recession. Looking at the 4hour chart, USD/JPY trades between 94.50 and 93.30 with no clear direction. End of August is always slow and should be taken with a high degree of caution. Read More USD JPY Limit Buy at 9215

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