The US Dollar declined below the 115.80 support zone against the Japanese Yen. The USD/JPY pair traded as low as 115.04 and is currently correcting higher. The pair climbed above the 115.50 resistance, but it faced resistance near the 50 hourly simple moving average. An immediate resistance is near the 115.40 level. There is also […]
The post USD/JPY Outlook: A Major Bearish Trend Line Forming with Resistance Near 115.50 appeared first on Action Forex.
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