USD/JPY Weekly Outlook

USD/JPY’s rise from 139.87 contained last week and hit as high as 157.88 before retreating. Initial bias remains neutral this week first for consolidations. Downside should be contained by 154.47 resistance turned support to bring rebound. On the upside, break of 157.88 will target 161.8% projection of 146.58 to 153.26 from 149.37 at 160.17. In […]. More coming.....

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