USD/JPY Declined Below 107.60

<p>During the last trading days, the USD/JPY currency pair declined to the support level – the weekly S2 at 107.53. During Tuesday morning, the pair broke the given support. Given that the exchange rate is pressured by the 55-hour SMA near 108.00, it is likely that some downside potential could prevail in the market. Note […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/287044-usd-jpy-declined-below-107-60/">USD/JPY Declined Below 107.60</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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