The US Dollar Versus the Japanese Yen bounced off support at 107.41.
The currency pair is likely to aim for resistance level at 109.10.
However, the 108.47 area might provide a significant resistance for the exchange rate.
If the currency exchange rate breaks the two barriers, bullish traders might extend their profit towards 109.75.
Good luck guys!
The currency pair is likely to aim for resistance level at 109.10.
However, the 108.47 area might provide a significant resistance for the exchange rate.
If the currency exchange rate breaks the two barriers, bullish traders might extend their profit towards 109.75.
Good luck guys!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.