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Forex technical analysis: USDJPY dips to session lows as trader start the auction process

Discussion in 'Technical Analysis' started by ForexLive, Mar 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Softer tone in the new trading week The USDJPY corrected modestly higher on Friday - basing against the 200 bar MA on the intraday 5-minute chart (see green line in the chart below - that low came in at 111.32) and extending to a NY afternoon session high of 111.75.

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