ONTRADE Forex

USD/JPY Price Forecast: Not out of the woods yet; 100-day SMA holds the key for bulls

USD/JPY Price Forecast: Not out of the woods yet; 100-day SMA holds the key for bulls
The USD/JPY pair builds on the previous day’s recovery from the 100-day Simple Moving Average (SMA) support, around the 146.60-146.55 region, or a two-week low, and gains positive traction for the second consecutive day on Friday.

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