The pair price fell over the uncertainties and conflicting remarks regarding the so-called Phase-1 Sino-US trade deal. The Japanese Yen's gains may push the price further down towards 74.00 that roughly corresponds with the 38.2 Fibonacci retracement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.