USDJPY corrects higher to broken 38.2% retracement level at 139.176. Battles is on now.
USDJPY moved to a new low back on May 17 today, and in the process dropped below the 50% midpoint of the move up from the March 23 low at 137.355, and tattooed the 200-day moving average at 137.150. The low price reached 137.23 between…