USD/JPY Weekly Outlook

USD/JPY’s near term rally resumed last week but retreated after edging higher to 147.88. Initial bias remains neutral this week for some more consolidations. Outlook will stay bullish as long as 144.43 support holds. On the upside, above 147.88 will resume larger rise from 127.20, to retest 151.93 high. In the bigger picture, while rise […]

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