Technical Analysis of Daily Price Movement of USD/JPY Main Currency Pairs, Wednesday July 12, 2023.
July 12, 2023 7:26 am
On the daily chart the main USD/JPY currency pair shows that there is a correction going on from bull conditions on USD/JPY where currently the currency is trying to test the RBS (Resistance become Support) area level at 138.23-137.77 if the downside correction does not go down exceeds 136.30, the bull condition on USD.JPY on the daily chart is still ongoing but only halted for a few moments and there is still a chance to rise to the level of 145.05.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
On the daily chart the main USD/JPY currency pair shows that there is a correction going on from bull conditions on USD/JPY where currently the currency is trying to test the RBS (Resistance become Support) area level at 138.23-137.77 if the downside correction does not go down exceeds 136.30, the bull condition on USD.JPY on the daily chart is still ongoing but only halted for a few moments and there is still a chance to rise to the level of 145.05.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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