Wed, 07 Apr 2021 10:54:44 GMT
USD/JPY trades sideways
Since mid-day on Tuesday, the USD/JPY traded sideways between the support of the 109.60/109.67 zone and the resistance of the 109.91/109.94 zone. Between these two zones, the rate ignored the 61.80% Fibonacci retracement level and the weekly S1 simple pivot point.
In the case of the rate passing the resistance of the 109.91/109.94 zone, the pair could reach for the 55-hour