USD/JPY rejected by channel resistance, keeping outlook bearish

<p>Dollar drops broadly today after some Fed officials toned down the talks of tapering the asset purchase program. In general, they believe it’s premature to even start the discussion of withdrawing stimulus. USD/JPY’s break of 103.59 minor support suggests that it’s already rejected by falling channel resistance, after failing to sustain above 55 day EMA […]</p>
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