USDJPY remains in uptrend from 108.13, the fall from 113.04 would possibly be consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would be at 114.00 … Continue reading "USDJPY Daily Analysis – May 5, 2017"
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