All within 25 pip range…
The USDJPY moved up to the next upside target at the 123.429 (high from November 10 – the high reached 123.42). The pair fell from there and came down to the 123.19 area where the swing high from November 11th provided support (the low came in at 123.177). The current price is hanging closer to the low, but let’s call it like it is, the last 5 hours has a narrowed range of 15 pips (123.33 -177).
Forex technical trading: USDJPY up to resistance and then back down to support
