Market Conditions for JPYUSD as at May 27, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Japanese Yen/US Dollar
Japanese Yen/US Dollar ProfileThe Japanese Yen/US Dollar (JPY/USD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. JPY is the base currency and USD is the quote currency, meaning that 1 Japanese Yen was worth 0.009283 US Dollar at the end of the New York trading session on Wednesday, -0.15% less than at the previous close.
Technical Analysis Summary for May 27, 2020
Though the forex pair is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been 50 pips (0.54%), that's slightly below the last trading month's daily average range of 53 pips. Buying could speed up should prices move above the nearby swing high at 0.009318 where further buy stops might get triggered.
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