USD/JPY Dropped Below 108.00

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<p>On Monday, the USD/JPY currency pair dropped to the 108.40 level. During today’s morning, the pair declined below the weekly S1 at 108.04. Given that the exchange rate is pressured by the 200-hour SMA and the Fibo 50.00% at 108.35, it is likely that some downside potential could prevail in the market. In this case […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/301855-usd-jpy-dropped-below-108-00/">USD/JPY Dropped Below 108.00</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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