Oops, USD/JPY Takes a Tumble Below 135.00 – Can It Bounce Back to the 200-Day MA?
The Critical Juncture in USD/JPY: What You Need to Know We’re approaching another critical juncture now in USD/JPY and as mentioned yesterday, the break of daily support at 137.65 to 138.45 is now putting scrutiny on the 135.00 level as well as its 200-day moving average (blue line) at 134.49. Sellers are looking adamant to…