USD/JPY still in retreat
The downtrend of USD/JPY continues to deliver, as the price slips below ¥103 once more after yesterday’s new lower low.
There has been little in the way of any bullish price action, with lower highs over the past few sessions confirming the strength of the downward move, a point reinforced by continuing low readings for stochastics and moving average convergence/divergence (MACD).
Go to the news source: EUR/USD and GBP/USD stabilise as USD/JPY slips below ¥103 | Levels to Watch
