The euro edged lower on Wednesday but has recovered. In the North American session, EUR/USD is trading at 1.0860, up 0.07% on the day at the time of writing. Eurozone PMIs weaker than expected Eurozone PMIs can be viewed as monthly report cards for the services and manufacturing services. The July PMIs decelerated and indicate […]
Dec 08, 2023
USD/JPY Tumbles, Upsides Could Be Capped
Key Highlights USD/JPY started a major decline below the 146.20 support. A major bearish trend line is forming with resistance near 146.20 on the 4-hour chart. EUR/USD is consolidating near the 1.0765 support zone. The US nonfarm payrolls could increase from 150K to 180K in Nov 2023. USD/JPY Technical Analysis The US Dollar started a […]
The post USD/JPY Tumbles, Upsides Could Be Capped appeared first on Action Forex.
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