USDJPY Retreats from 19-Year High, Upside Risks Linger

[PocketOption]

USDJPY Retreats from 19-Year High, Upside Risks Linger

USDJPY is currently trading around its red Tenkan-sen line around 122.00 after retracing below the 122.57 level, which is the 23.6% Fibonacci retracement of the up leg from the 114.40 low until the recorded 125.10 rally peak. The rising simple moving averages (SMAs) continue to endorse the prevailing ascent despite the fresh correction in the […]

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