USD/JPY Weekly Outlook

USD/JPY’s decline last week confirms short term topping at 137.90, on bearish divergence condition in 4 hour MACD. Initial bias stays on the downside this week for 32.8% retracement of 127.20 to 137.90 at 133.81. Some support could be seen there to bring rebound. But near term risk will stay on the downside as long […]

The post USD/JPY Weekly Outlook appeared first on Action Forex.

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