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New lows for the USDJPY. Approaching 50% of the move up from the September 21 low

New lows for the USDJPY. Approaching 50% of the move up from the September 21 low
In the minutes after the crash in the USDJPY earlier today, the low reached 148.51 not once but twice (see green numbered circles one in 2 in the chart below). However, when you look at the hourly chart, you don't see those lows because they were part of the spike low bar. Nevertheless, keep that level in mind going forward.Ahead of that level, the pair is approaching the 50% midpoint of the move up from the September 22 low. That level comes in at 148.734. The low-price reached 148.70 but boun... Read More
Posted: Oct 3 2023, 19:36
Author Name: forexlive
Views: 082910

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