USD/JPY Weekly Outlook

USD/JPY’s rally extended higher last week and breach of 145.06 argues that whole rise from 127.20 is resuming. Initial bias stays on the upside this week. Sustained trading above 145.06 will confirm this case, and target 61.8% projection of 129.62 to 145.06 from 137.22 at 146.76. On the downside, however, below 143.27 minor support will […]

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