USDJPY broke above the bearish trend line on the 4-hour chart and is now in uptrend from 108.73. Further rise could be expected after a correction pullback and next target would be at 112.00 area. Near term support is at 110.25, below this level will indicate that correction for the uptrend is underway, then the … Continue reading "USDJPY Daily Analysis – August 16, 2017"
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