Fri, 30 Jul 2021 06:02:42 GMT
USD/JPY reaches below 109.50
As the 55-hour simple moving average approached the USD/JPY from above, it pushed the USD/JPY down. At midnight to Friday, the rate had shortly reached below the 109.40 mark. Afterwards, the pair tested the resistance of the 109.60 mark and the weekly S1 simple pivot point at 109.58.
In the case that the rate manages to pass the resistance of the