USDJPY retraces to the MA and trend line. Losses are fully retraced today. - ConsultFX

USDJPY retraces to the MA and trend line. Losses are fully retraced today.

Dpwn and up The price of USDJPY headed lower in the early hours of the NY session.   That move on the daily chart took the price to a lower trend line at 111.04. The low price reached 110.99, stalled and bounced.  We are currently trading up at 111.40.