In our previous analysis, we said that USDJPY might temporarily correct down towards 109.40-109.20. And last Friday, price did hit even lower, making a new low at 106.40. We can see chances of it going up as long as 105.50 low remains intact.
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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.