USDJPY falling on Brexit risk off tones
The Brexit saga is taking the focus of the markets right now and there is a risk off tone that is affecting the USDJPY. The US retail sales were a beat, but the focus right now is not the US, but the UK. USDJPY is making it way downwards now and the next stop/test will be the 200EMA on the 4 hour chart. Expect buyers/profit taking in the initial touch.
- Nasdaq down -0.33% at the open
- S&P500 down -0.49%
- Dow down -0.39%
