USD/JPY Weekly Outlook

<p>USD/JPY’s rise from 127.20 resumed last week by breaking through 140.90 resistance. Initial bias remains on the upside this week for 61.8% retracement of 151.93 to 127.20 at 142.48 next. Sustained break there will pave the way back to retest 151.93 high. However, rejection by 142.48, followed by break of 139.27 will indicate short term […]</p>
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