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USDJPY makes new highs. EURUSD new lows as dollar continues to move higher
The USDJPY is continuing its move to the upside trading to a new session high of 142.975 just short of the natural resistance at 143.00. The move to the upside takes the price further away from its 61.8% retracement of the move down from the 2022 high to the 2023 low. That level comes in at 142.492 (call it 142.50). Looking at the daily chart there is not a lot of resistance. There is a swing area up near 144.98 – 145.90. Risk on the daily chart is now a move below the 61.8% retracement and swi...
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Posted: Jun 22 2023, 17:02
Author Name: forexlive
Views: 112227