There is no limit down in cash forex

Author: Eamonn Sheridan | Category: Education

Trade continues in forex despite the closing of futures tade due to limit locks 

(its not actually closed, I explained here: US equity futures circuit break triggered - ES limit down

FX has no such restriction, the chaos is expressed in wild swings (USD/JPY range today has been over 300 points, and others have been wider still) and wide spreads.

No limit down. No limit up. 

USD/JPY chart. daily candles:

Trade continues in forex despite the closing of futures tade due to limit locks 
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