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USDJPY Extends Decline, Briefly Trades Below 144.00

JPY
  • Strength for the Japanese Yen has extended through US hours, with USDJPY briefly trading below the 144.00 mark and printing at the lowest level since August 10 at 143.80.
  • With the sharp acceleration lower and close proximity to tomorrow’s US payrolls release, the following levels will be of interest on the downside:
    • Support 1: 143.30 Low Aug 10
    • Support 2: 142.85 61.8% of the Jul 14 - Nov 13 bull run
    • Support 3: 142.41 Low Aug 8

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