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Intraday Market Analysis – USD sees pause in sell-off

Intraday Market Analysis – USD sees pause in sell-off
USDJPY strives to bottom out The US dollar edged higher after Fed officials cautioned about tempering rate hikes too soon. The pair has found support at the origin (138.00) of a breakout rally in late August. A bullish RSI divergence in this key demand zone shows a slowdown in the sell-off momentum. A stabilised price […] The post Intraday Market Analysis – USD sees pause in sell-off appeared first on Orbex Forex Trading Blog... Read More
Posted: Nov 18 2022, 07:15
Author Name: orbex
Views: 110260

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