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USD/JPY falls extends beyond 146 right now
The slide in the USD/JPY this morning has now extended to below the 146 handle. The dollar got to 148.65 on Monday. So, as you can see it is now some way adrift of that high. The fall this morning has now extended below the 50 day moving average (in place right now at 146.21) and it looks like it has tripped some stops through that level. The low seen a moment ago was set at 145.76 and it is pretty close to that low as this update concludes. The USD/JPY is right now at 145.80
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