Yen Shorts at 3 Year Highs as $USDJPY Breaks 111

#10610
KnovaWave
Participant

USDJPY moves toward 100 DMA after the FOMC statement. After spitting 200 day MA at 112.04 and under 100 DMA at 111.599 to new lows for USDJPY a 111.44 – under here is 111.31 the Monday and Tuesday pivot swing logical 111.00 next and then that low at 110.62. Above is the previous resistance