USD/JPY’s up trend resumed last week and reached high as high 148.85, breaking 147.68 long term resistance. There is no clear sign of topping yet. Initial bias stays on the upside this week for 61.8% projection of 130.38 to 140.33 from 145.89 at 149.91. Beware that Japan might intervene again there close to 150 psychological […]
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