Tue, 02 Mar 2021 10:19:23 GMT
USD/JPY continues to surge
The surge of the USD/JPY currency exchange rate continues, as on Tuesday morning, the rate was testing the 106.90 level. In the meantime, the 38.20% Fibonacci retracement level at 106.86 not manage to provide resistance.
In the meantime, it was spotted that the rate is gradually pushed up by the 55-hour simple moving average. Namely, the rate surges, then consolidates