Technical Analysis

Threat aversion creeping in? USD/JPY slides to the lows of the day

Not a fantastic signal

USD/JPY has drifted to the lows of the day as promoting picks up because the clock hits 10 am in Tokyo. Friday’s low was 110.79, which got here on a spike after non-farm payrolls. That is the extent to look at now.

Not a great sign

ForexLive


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