USDJPY is trading above and below the 50% midpoint of the move down from the late June high

USDJPY moved higher on Friday, extending above the 50% midpoint of the move down from the June 28 high to the July 14 low. This level is at 141.149. In today’s trading, the price is trading above and below this level. The US PMI data came out weaker than expected and pushed the price to […]