USD/JPY Consolidated In 106.60 Area

<p>On Wednesday, the USD/JPY currency pair traded sideways in the 106.60 area. During today’s morning, the pair maintained its consolidation. Note that the exchange rate is pressured by the 55-hour SMA near 106.70. Thus, some downside potential could prevail in the market, and the rate could target the psychological level at 106.00. However, note that […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/291485-usd-jpy-consolidated-in-106-60-area/">USD/JPY Consolidated In 106.60 Area</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>