USD/JPY Weekly Outlook

USD/JPY edged higher to 154.47 last week but retreated again. Initial bias remains neutral this week for some more consolidations. Further rally is expected as long as 151.52 support holds. Above 154.47 will resume larger rise from 139.87 and target 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Break there will pave the […]

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