 The USDJPY has dipped to a new low after the better inflation readings from the University of Michigan. Looking at the daily chart, the price has moved below the 61.8 retracement of the move up from the 2022 low and trades at the lowest level going back to early June 2022. That level comes in at 128.16. The low price reached 127.55. The current price trades at 127.80. Stay below the 61.8 retracement at 128.16 keeps the sellers more in control. NOTE. The low earlier in the day... 