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Home Market Analysis

USDJPY ticks lower and gets closer to the rising 200 day MA

by Trades Academy
December 1, 2022
in Market Analysis
Reading Time: 1 min read
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USDJPY approaching the 200 day transferring common

The USDJPY is ticking to a brand new low because the day works towards the shut. The transfer decrease is being helped by decrease yields as soon as once more.

  • The two yr is at 4.258%. The excessive reached 4.55% yesterday
  • The ten yr is at 3.534 4.25%. The excessive reached 3.796% yesterday
  • 30 yr 3.64%. The excessive reached 3.847% yesterday

The worth of the USDJPY fell under the 38.2% of the 2022 vary earlier immediately at 137.24 and that opened the door to the draw back immediately. The subsequent key goal is being approached on the 200 day MA at 134.42. The final time the value traded under the 200 day MA was again on February 24, 2021.

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Tags: closerDayrisingticksUSDJPY

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