Dear friends, USDJPY continues to maintain its previous downtrend channel. At the time of writing, the price is trading sideways around the level of 142.25. Regarding the impact of news: The expectation of a dovish stance from the Fed weakens the USD, causing the USD/JPY pair to retreat from its recovery momentum. It is expected that the price will decrease to the designated level after retesting the previously broken resistance level.
Latest USDJPY update for FX:USDJPY by DNA_fxview
Dear friends, USDJPY continues to maintain its previous downtrend channel. At the time of writing, the price is trading sideways around the level of 142.25. Regarding the impact of news: The expectation of a dovish stance from the Fed weakens the USD, causing the USD/JPY pair to retreat from its recovery momentum. It is expected…
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