USDJPY broke above the top trend line of the price channel on its 4-hour chart, suggesting that the short term downtrend from 114.49 had completed at 110.62 already. Further rise to test 112.41 resistance could be expected and a break of this level could trigger another rise towards 115.50. Support is at 110.62, only a … Continue reading "USDJPY Daily Analysis – July 26, 2017"
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