Thu, 15 Apr 2021 10:04:21 GMT
USD/JPY declines below 108.80
On Thursday, the USD/JPY currency exchange rate passed the support of the 108.80 level. It occurred, as the 55-hour simple moving average approached the rate from above.
In the near term future, the rate was expected to decline. A potential decline could find support in the 108.50 level, the 50.00% Fibonacci retracement level at 108.35 and afterwards in the weekly S2