FXS: USD/JPY falls to fresh intra-day lows at 78.40
FXstreet.com (San Francisco) - The Dollar is trading lower against the Japanese Yen today's American session and after falling around 25 pips in the latest couple of hours, the USD/JPY has reached fresh intra-day low at 78.38.
Currently the USD/JPY is pricing at 78.42, 0.08% below opening price action. "As long as above 78.40, the pair has scope to extend towards 78.80 where next hurdle of sellers will surge," comments Valeria Bednarik from FXstreet.com "The downside seems now protected by buying interest around the 78.00/10 price zone."
