Sunday 30 April 2017

USDJPY Daily Analysis – May 1, 2017 Forex Analysis

USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Further rise could be expected after consolidation and next target would be at 113.00 area. Support is located at the bottom of the channel. Only a clear break below the channel support could signal completion of the uptrend.

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