During Thursday’s trading session, the rate depreciated to 108.40, as it was expected. On Friday morning, the US Dollar appreciated against the Japanese Yen to the 108.93 mark.
Most likely, the US Dollar will depreciate against the Japanese Yen to trade between the weekly S2 at 108.71 and the 38.20% Fibonacci retracement level.
On the other hand, the currency exchange rate could break through the resistance of the weekly S1 at 109.14 during today’s US Dollar during today’s US Employment data sets release at 13:30 GMT.
Written by Admin
These are the stocks posting the largest moves in midday trading. Signal2frex feedbacks ...
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, ...
The S&P 500 just had its worst first half in more than 50 years, which ‘stressed’ this classic investment strategy
Stock trader on the floor of the New York Stock Exchange.Spencer Platt | Getty Images ...