Tue, 06 Sep 2022 07:54:52 GMT
USD/JPY hits new record
The USD/JPY currency exchange rate has continued to surge. On Tuesday morning, the pair was steadily approaching the 142.00 mark. From a technical analysis perspective, the move was caused by the 50-hour simple moving average catching up to the pair and providing support.
A move above the 142.00 mark might encounter resistance in the upper trend line of the channel up