Tuesday, 28 February 2017

USDJPY Daily Analysis - March 1, 2017 Forex Analysis

USDJPY failed to break below 111.59 support and broke above the resistance of the downward trend line on 4-hour chart, indicating that the downtrend from 114.95 is complete. Further rally could be seen in a couple of days and the target would be at 114.20 area.

usdjpy chart


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