USD/JPY - Thursday news releases a pivotal moment for the USD

Dollar A.S. / Yen Jepang (OANDA:USDJPY)

OANDA:USDJPY Dollar A.S. / Yen Jepang

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USD/JPY - Thursday will be a key day for the U.S. Dollar. Major economic news being released throughout this week that could cause a reversal in the USD's recent downtrend. If people like what they hear and we break through the ICH cloud resistance we can expect a trend reversal with a short term target @ $111.00 . if we see it bounce off that ICH cloud res. however, expect the USD to continue bleeding out down to it's next support level @ $108.4

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