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USD/JPY Outlook: Bears Gained Traction and Violate Strong Support Zone

Started by forex4you, Nov 28, 2024, 05:03 am

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Nov 28, 2024, 05:03 am
USD/JPY Outlook: Bears Gained Traction and Violate Strong Support Zone


USDJPY extends fresh bearish acceleration into second day and fell 1.1% during Asian / European trading on Wednesday. Increased demand for yen at the end of month as well as end fiscal year was the main driver of the pair, along with dollar bulls pausing for correction. Fresh weakness broke below pivots at 152.69 (Fibo […]


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