USDJPY’s downward movement from 115.50 extended to as low as 110.62. Further decline is still possible after a minor consolidation and next target would be at 110.00 area. Near term resistance is at the top of the price channel on 4-hours chart, as long as the pair is in the channel, the downtrend will continue. … Continue reading "USDJPY Daily Analysis – March 24, 2017"
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