Today's trading session saw the USDJPY experiencing notable fluctuations. The currency pair recorded a low of 141.425 and a high of 142.46. Notably, the high price neared the 200-hour moving average, stopping just 10 pips short at 142.56.A pivotal moment occurred yesterday when the USDJPY fell below its 200-day moving average, closing beneath this key level for the first time since May 16th and reaching a new low since July 31 at 140.959. Additionally, the price dropped below the 38.2% retracement of the 2023 trading range, marked at 142.475.This position below both the 38.2% retracement and the 200-day moving average is a significant indicator for traders, suggesting that sellers are mainta
Hence then, the article about usdjpy struggles to break key resistance levels in volatile trading was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( USDJPY struggles to break key resistance levels in volatile trading )