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USDJPY trades at the lower extreme. 100 hour MA now resistance.

USDJPY trades at the lower extreme.  100 hour MA now resistance.

The USDJPY has a huge 400 PIP trading range today. The high price came in at 131.57. The low price was at 127.56. At the high, the price was up 352 pips. It's most recent low price took the price down -49 pips.

The current price is trading marginally higher from the closing level yesterday at 128.14. The current price is at 128.30.

It's been a wild up and down ride with the catalyst being the Bank of Japan decision to keep rates, policy and forecasts steady. That led to a sharp... Read More

Posted: Jan 18 2023, 15:40
Author Name: forexlive
Views: 102224

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