USDJPY broke below 110.86 support, indicating that the short term downtrend from 112.13 has resumed. Deeper decline to test 110.23 support is possible, a breakdown below this level will take price to the next support level of 109.60. Near term resistance is at 111.50, only a break of this level could trigger another rise towards … Continue reading "USDJPY Daily Analysis – May 31, 2017"
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