USD/JPY Hits Three-Week Low as Dollar Slips
The USD/JPY currency pair is currently facing a downward trajectory, with a decline of nearly 1% today, reaching levels around 151.50. This marks the lowest point for the pair since November 6. Notably, sellers are aiming to break below the crucial 200-day moving average. As the market reacts to this downturn, traders must be vigilant. Monitoring this pair will be vital for understanding potential shifts in the market’s dynamics. Any changes could provide substantial trading opportunities.
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