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Intraday Market Analysis – USD in consolidation mode

Intraday Market Analysis – USD in consolidation mode
USDJPY remains under pressure The Japanese yen fell after an uptick in October’s jobless rate. The rebound has met stiff selling pressure in the former demand zone around 142.40. A break below the recent low of 138.00 suggests that the path of least resistance remains down. As more buyers switch sides, increased volatility may drive […] The post Intraday Market Analysis – USD in consolidation mode appeared first on Orbex Forex Trading Blog... Read More
Posted: Nov 29 2022, 07:18
Author Name: orbex
Views: 110836

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