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What levels are in play in the USDJPY after the surprise US jobs report

Started by forex4you, Feb 05, 2022, 04:39 am

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forex4you

Feb 05, 2022, 04:39 am
What levels are in play in the USDJPY after the surprise US jobs report

USDJPY bounced off 100/200H MAs


The USDJPY spiked higher with the USD after the better than expected jobs report. The pair moved up to a high price of 105.387, but has backed off to 115.13. The current price trades at 115.245 between those extremes.
Looking at the hourly chart, the 115.

Source: What levels are in play in the USDJPY after the surprise US jobs report

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