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USDJPY near low levels in choppy month end trading

Discussion in 'Technical Analysis' started by ForexLive, Mar 31, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Sort of follow the weak dollar trade The USDJPY has been chopping around with a slight negative bias today. The high price in the Asian Pacific session stayed below the 38.2% retracement and the high from yesterday's NA session at the 112.67-69 area (the high reached 112.65). The low reached in the current hourly bar extended the range to 1.1210. The low yesterday stalled at 112.00.

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