USDJPY does back off, but support target stalls the fall so far - ConsultFX

USDJPY does back off, but support target stalls the fall so far

The 112.80 area stalls the fall See earlier post) The sellers were able to extend the fall down to the next target area at the 112.80 area.  The swing high from July 13th is at that area, the close from yesterday came in at 112.81. The trend line comes in at the level too  (see hourly chart