USD/JPY carved out a lower top at 158.85 than the one achieved last year at 162 resulting in a steady pullback. It has formed an interim low near 146.50 last week. A brief rebound has materialized. If the pair fails to overcome the 200-DMA at 151.30/152.00, there would be risk of persistence in downtrend.
Next objectives could be located at projections of 145 and 143.70/143.
Next objectives could be located at projections of 145 and 143.70/143.
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1. AccuTrade System:
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.