USD/JPY Daily Outlook

USD/JPY fall continues today and intraday bias stays on the downside. Sustained break of 154.76/155.01 key support zone will complete a head and shoulder top (ls: 160.71; h: 163.97; rs: 160.38). That would also indicate that it’s in a larger scale correction and target 149.07 fibonacci level next. On the upside, though,m above 156.74 minor […]

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