USD/JPY Analysis: Tests Fibo 38.20%

<p>On Wednesday, the USD/JPY currency pair declined to the Fibo 38.20% at 106.86. During today’s morning, the pair was testing the given level. Given that the exchange rate is pressured by the 55-hour SMA near 107.50, it is likely that some downside potential could prevail in the market. Note that the rate could gain support […]</p>
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