Thu, 16 Jun 2022 15:04:51 GMT
USD/JPY drops to 132.50
The USD/JPY currency exchange rate has plummeted, as the markets have taken in the Federal Reserve rate hike and new macroeconomic information that impacts the US Dollar. On Thursday, the pair traded near the 132.50 level.
If the pair continues to decline, support might be found in the 132.00 level, the weekly S1 simple pivot point at 131.69 and the 131.50