USD/JPY: Pair Could Test Support

USD/JPY: Pair Could Test Support

Looking at USD/JPY chart, we can see that USD had gained ground over JPY, and it is traded at around 118 whereas 118.45 was the highest rate of the past month.

Today if it can pass its resistance level at around 118.45, it will rise towards new high levels; otherwise, it should fall towards its first support level at around 117.70.



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