USDJPY at range lows
USDJPY pushed back to its range low off the back of the weak dollar & Kuroda (BoJ Governor) noting that the inflation rate was close to its 2% target.
Down at this range low we also have a trend line drawn off the 2012 lows, .382 fib (2015-2016) & .5 fib (2016 lows - 2016 highs).
The .382 fib retrace (2012 lows - 2015 highs) is just below the trend line
Down at this range low we also have a trend line drawn off the 2012 lows, .382 fib (2015-2016) & .5 fib (2016 lows - 2016 highs).
The .382 fib retrace (2012 lows - 2015 highs) is just below the trend line
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.