USD/JPY 161123 4h ChartUSD/JPY
pulls back as traders react to the better-than-expected economic reports from Japan. The country’s exports increased by 1.6% in October, compared to analyst consensus of 1.2%.
If USD/JPY settles below the psychologically important 150.00 level, it may quickly get to the test of the nearest support at 148.00 – 149.00.
For a look at all of today’s economic events, check out our economic calendar.