Cryptocurrency Q&A Is the USD to JPY exchange rate in a tight range?

Is the USD to JPY exchange rate in a tight range?

SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Fri Feb 21 2025 | 7 answers 1937
I am wondering if the exchange rate between USD and JPY is currently fluctuating within a tight range. I'm interested in understanding the stability of this currency pair. Is the USD to JPY exchange rate in a tight range?

7 answers

Federica Federica Sun Feb 23 2025
The exchange rate has maintained a narrow trading range, indicating minimal volatility.

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Federica Federica Sun Feb 23 2025
Moreover, the USD to JPY pair has surpassed the 78.6% Fibonacci retracement level, signaling a potential bullish trend.

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DigitalTreasureHunter DigitalTreasureHunter Sun Feb 23 2025
Despite the slight fluctuations, the rate has consistently hovered just above a crucial support level.

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Elena Elena Sun Feb 23 2025
This support level is marked at 156.78, representing a significant psychological barrier.

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DigitalDynastyGuard DigitalDynastyGuard Sun Feb 23 2025
The USD to JPY exchange rate has exhibited stability in recent days, as evident from the daily chart.

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