Tuesday, 9 July 2024

USDJPY Finds Strong Support at Key Fibo Zone

by BD Banks

USDJPY Finds Strong Support at Key Fibo Zone

USDJPY hits key Fibo retracement level But momentum indicators still point to weakness A break above 161.35 could pave the way towards 161.65 A slide below 160.35 may invite more bears USDJPY traded higher today after it triggered some buy orders near the 160.35 barrier and the 23.6% Fibonacci retracement level of the short-term uptrend […]

The post USDJPY Finds Strong Support at Key Fibo Zone appeared first on Action Forex.

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