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Intraday Market Analysis – USD still under pressure
USDJPY gives up gains The Japanese yen tumbled after the BoJ shattered hopes that it would wind down its stimulus policy. Still the dollar’s short-lived surge turned south at a previous demand zone around 131.50 which coincides with the 20-day moving average. This is a sign that the mood has remained cautious for the time […] The post Intraday Market Analysis – USD still under pressure appeared first on Orbex Forex Trading Blog...
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Posted: Jan 19 2023, 07:26
Author Name: orbex
Views: 110943