USD/JPY Weekly Outlook

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USD/JPY Weekly Outlook

USD/JPY rose further to 116.33 last week but failed to break through 116.34 resistance and dropped sharply since then. The development suggests that corrective pattern from 116.34 is in another falling leg already. Initial bias is mildly on the downside for 114.14 support first. Break will target 113.46 next. On the upside, firm break of […]

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