The pair price is heading down towards the EMA line below the 38.2 pct Fibonacci retracement. If the strength in the Japanese yen extends, then we will watch 120.00 at around the said Fibo level and then 119.80 should be watched.
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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.