USD/JPY Weekly Outlook

USD/JPY rebounded further to 143.88 last week but reversed since then. The development argues that rise from 137.22 has completed, and fall from 143.88 is probably the third leg of the pattern from 145.06. Initial bias is mildly on the downside this week for 55 D EMA (now at 140.43). On the upside, though, above […]

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

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