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USD/JPY nudges higher to test key near-term level to start the session

The dollar is seeing some light bids to start the session, building on the rebound momentum from yesterday. In particular, USD/JPY saw a solid push back above 135.00 and looking at the near-term chart, there was also a break back above its 100-hour moving average (red line) in US trading.

The slight dip in Asia earlier today was defended at the key level and that sees price action now caught in between both its key... Read More

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Usd

Jpy

Nudges

Higher

Test

Near

Term

Level

Start

Session

Usd jpy

Near term

Forex

Posted: Dec 6 2022, 07:11

Author Name: forexlive

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