USD/JPY Pressured By 55-And 100-Hour SMAS

<p>Yesterday, the USD/JPY currency pair declined to the weekly S1 at 106.32. During Wednesday morning, the pair was testing the given level. Given that the exchange rate is pressured by the 55– and 100-hour SMAs near 106.70, it is likely that some downside potential could prevail in the market. Note that the rate could gain […]</p>
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