USD/JPY Weekly Outlook

USD/JPY’s fall from 158.86 extended lower last week but lost momentum after hitting 38.2% retracement of 139.57 to 158.86 at 151.49. Initial bias stays neutral this week first. On the upside, firm break of 153.70 resistance will retain near term bullishness, and turn bas back to the upside for retesting 158.86. However, sustained trading below […]

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