USD/JPY Supported By Moving Averages

<p>Yesterday, the USD/JPY currency pair traded sideways along the 107.60 mark. During Tuesday morning, the pair re-tested the 107.80 level. Note that the exchange rate could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 107.60 area. Thus, some upside potential could prevail in the market, and the […]</p>
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