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Intraday Analysis – USD breaks higher
USDJPY grinds supply zone The US dollar extended gains on the NFP momentum. On the daily chart, the 30-day SMA (131.10) has been acting as a tough resistance and its latest breach suggests that bearish sentiment has waned. A tentative break above 132.80 exposes the support-turned-resistance of 133.30 and potentially the daily resistance of 134.70. […] The post Intraday Analysis – USD breaks higher appeared first on Orbex Forex Trading Blog...
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Posted: Feb 7 2023, 07:22
Author Name: orbex
Views: 111515