Filed Under:
Forex pairs in this Article » USD/JPY (Bali) - As the Nikkei 225 accelerates losses (-1%), so does the USD/JPY, posting a session low of 103.85 as stops below 104.10/15 got tripped.

Below 104.00, "the points to watch are at 103.88 (50% pivot of 102.85/104.91) and then at 103.65 (61.8%) and 103.35 (76.4%)" notes Jim Langlands, Founder at FXCharts. On the upside, a recovery above the 104.20/30 handle is needed to upgrade technicals.
comments powered by Disqus