Russia Consumer Price Index (MoM): 1.2% (March) vs previous 2.2%

FXStreet.com (Barcelona)

Apr 6, 2015

USD/JPY clings to 119.00

USD/JPY entered a quieter phase on Monday following nonfarm payrolls inspired sell-off, having spent most of the day in a range around 119.00.

Eddie Tofpik of ADMISI, shares the technical outlook for USD/JPY, noting that the pair seems to be moving in a 118.79-121.84 sideways channel.