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USDJPY: What technical levels are in play for the week starting October 2, 2023.

USDJPY: What technical levels are in play for the week starting October 2, 2023.
The USDJPY had a volatile down and up trading day with the full 100 pip move to the downside in the first half of the day, nearly fully retracted in the 2nd half of the day. The low price today moved to the 200-hour moving average and the picture set midpoint of the move up from last week's low at 148.507. Support buyers leaned against that level, and pushed the price higher. After trading above and below the 100-hour moving average for a few hours, traders based against the level, and pushed hi... Read More
Posted: Sep 29 2023, 18:52
Author Name: forexlive
Views: 102828

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