USD/JPY Tests Weekly R1

<p>During today&#8217;s morning, the USD/JPY currency pair started to test the resistance level—the weekly R1 at 105.28. If the predetermined resistance level holds, it is likely that the exchange rate could bounce off and decline to the psychological level at 104.60 within the following trading session. In the meantime, note that the rate could gain [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/358037-usd-jpy-tests-weekly-r1-5/">USD/JPY Tests Weekly R1</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>