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USDJPY Unable to Break Below 200-day SMA

USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to post a 32-year high of 151.94 in October. However, the pair has declined moderately from its recent multi-year peak, with the 200-day simple moving average (SMA) currently acting as a strong floor. The momentum indicators currently suggest that bearish forces are […] The post USDJPY Unable to Break Below 200-day SMA appeared first on Action Forex... Read More

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Usdjpy

Unable

Break

Below

200 Day

200 day

Forex

Posted: Dec 14 2022, 08:51

Author Name: actionforex

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