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Kickstart your trading day: A technical look at the EURUSD, USDJPY and GBPUSD

Kickstart your trading day: A technical look at the EURUSD, USDJPY and GBPUSD
The Bank of Japan kept rates unchanged overnight. That led to a rebound higher in the USDJPY and for a retest of the high prices from yesterday at 148.453. The high price fell 4 pips short of that and has rotated back to the downside maintaining most the gains.The EURUSD took out the low from yesterday but only by a fraction of a pip and in doing so retested the 38.2% retracement of the move up from the September 2022 low at 1.0610. That level remains a key barometer for buyers and sellers today... Read More
Posted: Sep 22 2023, 13:14
Author Name: forexlive
Views: 112548

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