New lows in the USDJPY into the London week end fixing

Technical Analysis

Author: Greg Michalowski | usdjpy

US stocks givin up gains

The USDJPY has moved to new session lows into the London week end final fixing. Helping the move is lower US stocks. The S&P is back to unchanged on the day. 

US stocks givin up gains
Technically the price fell below the lows from yesterday and earlier today at 109.45.  The pair is testing the low from May 16 at 109.33. The May 15 low comes in at 109.14 and the May 13 low comes in at 109.01

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