USD/JPY – US ADP Employment Change news.
The US Dollar (USD) extended downside movement against the Japanese Yen (JPY) on Wednesday, dragging the price of USD/JPY to less than 113.75 ahead of the US ADP Employment Change news. The technical bias remains bullish because of a higher low in the recent downside move. Technical Analysis As of this writing, the pair is being traded around 113.65. A support may be seen near 112.51, the trendline support area ahead of 112.00, the psychological number and then 109.97, the downward trendline as demonstrated in the given below daily chart…
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