USDJPY failed to break out of the top trend line of the price channel on the 4-hour chart and is now facing 109.83 support. A breakdown below this level will indicate that the downtrend from 114.49 has resumed, then the following downside movement could bring price into 109.00 zone. Only a clear break above the … Continue reading "USDJPY Daily Analysis – August 9, 2017"
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