USD/JPY Could Trade Sideways

<p>Yesterday, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel at 107.95. During Thursday morning, the pair declined to 107.70. From a theoretical perspective, it is likely that some downside potential could prevail in the market, and the exchange rate could reach the lower channel line circa 107.50. Meanwhile, note that […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298835-usd-jpy-could-trade-sideways-9/">USD/JPY Could Trade Sideways</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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