Monday, 22 May 2017

USDJPY Daily Analysis – May 23, 2017 Forex Analysis

USDJPY moved out of the price channel on 4-hour chart, indicating that the downward movement from 114.36 had completed at 110.23 already. Near term resistance is now at 111.73, a break of this level could trigger a rally towards 113.50. Support is at 110.23, only a breakdown below this level could bring price back to … Continue reading "USDJPY Daily Analysis – May 23, 2017"

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