USD/JPY Weekly Outlook

USD/JPY’s rebound from 155.22 resumed by breaking through 159.76 last week. Initial bias is mildly on the upside this week for 61.8% retracement of 163.97 to 155.22 at 160.62. Strong resistance is expected there to limit upside. Below 159.39 minor support will bring deeper fall back to 157.99. However, sustained break of 160.62 will pave […]

The post USD/JPY Weekly Outlook appeared first on ActionForex.

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