No sooner is the virtual ink dry on my prior post, down we go.
110.01 the new low now and that barrier owner will be sweating.
USDJPY daily chart
I’d advise some caution if 110.00 does break as it does have the potential to bring quite a bit of trouble, and there’s likely to be some big stops lurking underneath.
USDJPY breaks the 110.25/30 support to hit a new low. Barrier beware!
