USD/JPY Weekly Outlook

USD/JPY fell sharply last week but the decline lost momentum ahead of 152.07 support. Intial bias stays neutral this week first. With 38.2% retracement of 139.87 to 159.44 at 151.96 intact, price actions from 159.44 are seen as a consolidations pattern only. On the upside, sustained break of 55 4H EMA (now at 154.51) will […]
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