USD/JPY Tests Resistance

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<p>On Tuesday, the USD/JPY currency pair tried to exceed the 108.50 level. During today’s morning, the pair was testing the resistance formed by the Fibo 38.20% and the 55-hour SMA near 107.90. If the given resistance holds, it is likely that some downside potential could prevail in the market. In this case the exchange rate […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/284379-usd-jpy-tests-resistance-3/">USD/JPY Tests Resistance</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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