Wed, 22 Sep 2021 12:55:29 GMT
USD/JPY respects resistance at 109.60
On Wednesday morning, the USD/JPY currency pair bounced off the resistance of the 109.60 level. Previously, during night hours, the rate ended a decline by finding support in the September and August low level at 109.12.
In the near term future, the rate had two possible scenarios. The pair could either pass the resistance of the 109.60 zone or bounce