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USDJPY ticks to a new low as price tests swing area

The USDJPY has moved steadily to the downside and it is trading to new session lows. The low price of the pair just reached 135.258. The price closed yesterday at 136.52. The low to high trading ranges 136 pips. The average of the last month of trading is at 129 pips. It has had a full day already. The trend is to the downside.Recall from yesterday, the price peaked at 137.767. That was about 15 pips short of the March high at 137.91 (which was the highest level going back to December 2022). At... Read More

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Posted: May 3 2023, 14:23

Author Name: forexlive

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