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Intraday Analysis – JPY sees limited support

Intraday Analysis – JPY sees limited support
USDJPY pulls back The Japanese yen bounced after a lower-than-expected unemployment rate in April. An overbought RSI on both the daily and the hourly chart is a sign of overextension, which could briefly limit the upside. The round number of 141.00 is the immediate resistance and further up 142.20 from last November’s sell-off would carry […] The post Intraday Analysis – JPY sees limited support appeared first on Orbex Forex Trading Blog... Read More
Posted: May 30 2023, 06:12
Author Name: orbex
Views: 111487

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