USD/JPY Weekly Outlook

USD/JPY’s steep decline last week confirmed short term topping at 145.06, in bearish divergence condition in 4H MACD. Initial bias is now on the downside this week for 140.90 resistance turned support. Firm break there will raise the chance that whole rebound from 127.20 has completed. Deeper decline should then be seen to 137.90 resistance […]

The post USD/JPY Weekly Outlook appeared first on Action Forex.

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