USDJPY: down sharply
Dear friends,
USDJPY experienced a sharp decline today. The price has been consistently plummeting since reaching 150.844 and is currently hovering around 149.789 after half a day.
On the analysis chart: This currency pair has surpassed most of its important support levels, and there is still a favorable outlook for further price drops as the trendline has been broken. The defensive point and target for sellers are currently at 148.97.
USDJPY experienced a sharp decline today. The price has been consistently plummeting since reaching 150.844 and is currently hovering around 149.789 after half a day.
On the analysis chart: This currency pair has surpassed most of its important support levels, and there is still a favorable outlook for further price drops as the trendline has been broken. The defensive point and target for sellers are currently at 148.97.
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