USD/JPY Analysis: Pressured By 55-Hour SMA

<p>On Thursday, the USD/JPY currency pair traded sideways around the 107.50 level. During today’s morning, the pair maintained its consolidation. Given that the exchange rate is pressured by the 55-hour moving average near 107.50, it is likely that some downside potential could prevail in the market. In this case the rate could target the support […]</p>
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