Layne_LV

USDJPY Market Outlook | Daily Forex Market Breakdown

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY
Looking very interesting. I still feel we can push up to retest 110.00 but we need to stay above 109.5 before that happens. Favoring downside movement as this well so we will need to see how this pair plays out for now. It does look like the bulls are losing strength. No reasons for entries yet. We need to see another retest of resistance.

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