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USD Bulls attempting to retest the 200-period SMA – USD/JPY Market Outlook – 29/09/2020

SquaredFinancial

The better market mood benefited the greenback against the anti-risk Yen as price attempts to test the 200-period SMA. Today’s US Presidential debate will most likely have a major impact on this pair. If the bulls were able to break above 105.85, then 106.25 will be their next target.

Support: 105.30 / 105.10
Resistance: 105.85 / 106.25

SquaredFinancial Daily Market Outlook


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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/usd-bulls-attempting-to-retest-the-200-period-sma-usd-jpy-market-outlook-29-09-2020
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