Forex technical analysis USDJPY likes the dollar today


Forex technical analysis USDJPY likes the dollar today


The USDJPY had a bearish day yesterday. It got started with a trade number that showed a higher surplus that showed slow exports but even slower imports. Nevertheless, the USDJPY Foorex lower and lower. Today, the pair banged against a lower trend line, but after a move below lower trend line, the price break failed and buyers emerged. Fed officials continue to beat the hike drum that is helping and technicals also have helped.

The USDJPY is back down to 114.40 after rising to another lower high intraday at 114.4 on the last push higher. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you technicak not invest money that you cannot afford to lose.




Forex technical analysis USDJPY likes the dollar today

Forex technical analysis USDJPY likes the dollar today

Forex technical analysis USDJPY likes the dollar today



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