USDJPY: The Near Future Journey
There was always a need to retest the huge breakout zone on the daily from around election time. I expect price to head down to the 108 area, bounce in the green zone, and then either be rejected at the 110.5 area to bounce one more time from the green, or blow through the 110.5 area and test the 115 level. Longer term, I believe it should finally see the 120 level, depending on if (I think when) it breaks the former highs from the recent past.
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