USD/JPY has experienced an exceptionally large movement lower by 4.88% from 161.589 to 153.703 in the last 24 days.
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If you’re short GBP/USD you should be aware of the rapidly approaching level of 1.3230
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EUR/USD – approaching a price line that has been previously tested numerous times in the past
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Supports and resistances are primary concepts of technical analysis. USD/JPY is heading for an important price of 142.5510 – read about what this could mean for the future.
A strong resistance level has been identified at 142.5510 on the 1 hour USD/JPY chart. USD/JPY is likely…