Japanese Yen trims part of modest intraday gains; up a little against broadly weaker USD
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Forecast of the USD/JPY price: fall below 144.00 while safe refuge flows favor yen - World Stock Market
The YEN is strengthened as investors seek security in the midst of non -confirmed rumors of a commercial agreement between the US and China. The USD/JPY finds support in the 20 -day SMA; A daily closure is needed above 144.00 to recover bullish traction. A break below 143.00 could expose 141.97 and the minimum of the year to date at 139.88. The USD/JPY fell late from the US session, since investors looking for security bought the Japanese yen (J…
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