USD/JPY Weekly Outlook

USD/JPY’s rebound from 142.66 extended higher last week but upside is still limited below 148.02 resistance. Initial bias remains neutral this week first. Sideway trading from 148.64 could still extend. Nevertheless, firm break of 148.01 will resume the rise from 139.87 to 61.8% retracement of 158.86 to 139.87 at 151.22. In the bigger picture, price […]

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