USD/JPY Weekly Outlook

USD/JPY’s fall from 158.86 extended lower last week but downside momentum was somewhat limited by near term falling channel. Still, initial bias stays on the downside this week. Sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 support. On the upside, 149.32 minor resistance will turn intraday […]

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