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USDJPY falls to new lows. GBPJPY also moves lower and toward key support.

USDJPY falls to new lows. GBPJPY also moves lower and toward key support.

The USDJPY is continuing the move to the downside. The pair reached a new low of 135.86. The price is down -0.50% and the biggest mover vs the USD in the early hours of trading.

The move lower is running further away from the 100 hour MA (blue line in the chart above). The 100 hour MA stalled the fall yesterday. Although the price took a... Read More

Posted: Dec 9 2022, 03:23
Author Name: forexlive
Views: 110889

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