• USDJPY Advances After Bouncing Off 50-day SMA

    Source: Buzz FX / 09 May 2024 03:51:22   America/Chicago


    - USDJPY in a recovery mode after pull back comes to a halt
    - Momentum indicators suggest intensifying positive momentum
    USDJPY experienced a strong pullback from its 34-year high of 160.20 following the intervention by Japanese authorities
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