Forex technical analysis: USDJPY extends range to the downside - ConsultFX

Forex technical analysis: USDJPY extends range to the downside

Falls below 112.208 level The USDJPY is cracking below the 112.208 -31 area. This is the 3rd test below what was a floor area. On Tuesday, the low extended to 111.98.  Yesterday the low extended to 112.07.  The low just reached 112.12. A lower trend line on the hourly is being tested at that level. Copyright 2015 Forexlive.com