Thu, 08 Apr 2021 10:24:35 GMT
USD/JPY ends sideways trading
During early hours of Thursday's trading, the USD/JPY ended trading sideways between two zones. The end of the consolidation was caused by the catching up of the 55-hour simple moving average from above. The SMA provided the rate with resistance, which was strong enough to push the rate through the support of the 109.60 level.
In the near term future, the