Mon, 30 Aug 2021 11:10:58 GMT
USD/JPY declines below SMAs
After making attempts to pass the August high levels near 110.20, the USD/JPY currency exchange rate retreated on Friday. On Monday, the rate traded below the resistance of three hourly simple moving average and the weekly simple pivot point at 109.86.
In the case that the 55 and 100-hourly simple moving averages decline, the USD could lose value against the Japanese