USDJPY broke above the resistance of the bearish trend line on its 4-hour chart, indicating that the short term downtrend from 110.67 had completed at 107.31 already. Further rally could be expected and the target would be at 110.00 area. However, the rise from 107.31 would possibly be correction of the downtrend from 114.49 (Jul … Continue reading "USDJPY Daily Analysis – September 12, 2017"
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