USD/JPY crosses 80, pushes up against major 50% retracement level

Discussion in 'Forex' started by DannyBly1, Feb 22, 2012.

  1. While USD/JPY managed to cross the important psychological level of 80, it is also right up against the resistance of the 50% retracement level of the April to October swing high/low.

    Chart Courtesy of Oanda