USDJPY could test 109.00 again after run-up post-flash crash

January 22, 2019

The US dollar is on the defensive against the Japanese yen today in forex trading after finding resistance below the 110 level over the past few trading days. The pair remains more than 2 standard deviations below the 200-day linear regression mean following the flash crash that happened on January 3rd and brought the pair sharply lower. #countingpips #forex #usdjpy #usd #investing #forextrading