USD/JPY Weekly Outlook

USD/JPY extended the corrective pattern from 157.88 last week. Initial bias remains neutral this week first. On the downside, break of 154.33 will target 55 D EMA (now at 153.58) and possibly below. On the upside, above 156.94 will bring retest of 157.88. Firm break there will resume whole rally from 139.87 to 158.85 key […]
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