Thu, 06 May 2021 09:45:07 GMT
USD/JPY breaks pattern
At mid-day on Thursday, the USD/JPY broke the support of the channel up pattern, which had guided the rate since late April. In the near term future, the rate was expected to reach the support of the 109.00 level, which had been impacting the rate throughout the recent history.
If the 109.00 level provides support, the rate would most likely aim