USD/JPY Might Reverse South

<p>On Thursday, the USD/JPY currency pair dropped to the 103.80 level. During today’s morning, the pair reversed north. It is likely that the exchange rate could face the resistance formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 104.20 area. Thus, a reversal south could occur, and the rate […]</p>
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