USD/JPY Bounce Gains Momentum Amid Tensions
The USD/JPY pair is showing signs of a bounce after a recent test of its 100-day moving average. The test occurred once again during trading on the previous day, indicating a bid in the Japanese yen following the martial law situation in South Korea led by President Yoon. This backdrop suggests that traders should watch closely for further price actions that could offer valuable insights into the rate movements of this currency pair.
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