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Intraday Analysis – USD in consolidation mode

Intraday Analysis – USD in consolidation mode
USDJPY grinds resistance The Japanese yen finds limited support from a rise in the December retail trade number. On the daily chart, last May’s low of 126.50 and the 20-day moving average (131.10) are compressing the price range and a breakout would dictate the next move in the medium-term. Intraday-wise, the pair is trying to […] The post Intraday Analysis – USD in consolidation mode appeared first on Orbex Forex Trading Blog... Read More
Posted: Jan 31 2023, 07:29
Author Name: orbex
Views: 102227

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