USD/JPY Trades Below 109.00

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<p>Yesterday, the USD/JPY currency pair consolidated in the 108.80 area. During Thursday morning, the pair maintained its consolidation. Note that the exchange rate could gain support from the 55– and 100-hour SMAs and trade upwards in the short term. In this case the rate would have to surpass the weekly R1 at 109.24. If the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286508-usd-jpy-trades-below-109-00/">USD/JPY Trades Below 109.00</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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