In this video, we look at the latest price action of USDJPY, which has gone below its 38.2% retracement level and lower swing area, reaching its lowest level since June 22.
The pair has been very volatile, with a range of more than 210 pips, which is much higher than the average of 109 pips over the last 22 days.
Join us as we figure out what this price change means and what it might mean for the USDJPY in the near future.
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