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.
7
answers
Federica
Sun Feb 23 2025
The exchange rate has maintained a narrow trading range, indicating minimal volatility.
Federica
Sun Feb 23 2025
Moreover, the USD to JPY pair has surpassed the 78.6% Fibonacci retracement level, signaling a potential bullish trend.
DigitalTreasureHunter
Sun Feb 23 2025
Despite the slight fluctuations, the rate has consistently hovered just above a crucial support level.
Elena
Sun Feb 23 2025
This support level is marked at 156.78, representing a significant psychological barrier.
DigitalDynastyGuard
Sun Feb 23 2025
The USD to JPY exchange rate has exhibited stability in recent days, as evident from the daily chart.