USD/JPY Weekly Outlook

USD/JPY recovered strongly after dipping to 114.40 last week, but stayed well below 116.33 resistance. Initial bias remains neutral this week first. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 long term resistance next. On the downside, though, break of 114.40 will continue the corrective pattern from […] The post USD/JPY Weekly Outlook appeared first on Action Forex.
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