USD/JPY Breaks Major Hurdle, Dips Likely Supported

<p>Key Highlights USD/JPY started a strong increase and broke a major hurdle at 108.00. There was a break above a key bearish trend line at 107.85 on the 4-hours chart. The US Initial Jobless Claims in the week ending May 30, 2020 declined from 2126K to 1877K. The US nonfarm payrolls are likely to decrease […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/300838-usd-jpy-breaks-major-hurdle-dips-likely-supported/">USD/JPY Breaks Major Hurdle, Dips Likely Supported</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *