Wednesday, 15 March 2017

USDJPY Daily Analysis – March 16, 2017 Forex Analysis

USDJPY broke below the upward price channel on 4-hours chart, indicating that the uptrend from 111.68 had completed at 115.50 already. The pair is now in downtrend, further decline could be expected in a couple of days, and next target would be at 112.20 area.

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