USD/JPY extended the consolidation pattern from 151.93 last week. Outlook is unchanged and initial bias stays neutral this week. Another fall could be seen, but downside should be contained by 38.2% retracement of 130.38 to 151.93 at 143.69 to bring rebound. On the upside, above 149.69 minor resistance will bring stronger rebound back towards 151.93 […]
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