As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar. While demand was strong enough at the end of May to lift the exchange rate from this level to a peak around ¥146.00, USD/JPY has once again retreated to the ¥142.50 area. Why has USD/JPY declined? On […]
The post USD/JPY Analysis: Bears Put Pressure on Key Support appeared first on Action Forex.
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