Unchanged on the day
The USDJPY fell sharply after the US employment report came out much weaker. The fall took the price below the lower trend line but failed to extend below the September low.
The price moved started the climb higher and moved back into the broken triangle at around the 119.38 level. The pair has continued higher and is now above the close from yesterday at 119.91. So we are back to where it all began at the start of the trading day. We are back in the triangle. We also remain in the box that confined the pair in the month of September.
