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USD/JPY is flat and the short term outlook remains neutral to bearish. Indicators on the H4 chart has lost directional strength, although the price is moving above its 100-day and 200-day SMAs, but both meanwhile are limiting the risk of a bearish development.
USD/JPY depreciated sharply today and I think it will continue falling to the next support at 113.30.
USD/JPY depreciated sharply today and I think it will continue falling to the next support at 113.30.
I think it will continue falling to112.15
I think it will continue falling to112.15
USD/JPY reached 112.15 and I think that if it breaks out below that level it will keep depreciating to 111.30.
USD/JPY is range-bound above 112.00 but I think that it will eventually continue depreciating.
USD/JPY jupmed to 112.50 after the upbeat US macro data, but retreated to currently trade at 112.30. All eyes on FOMC minutes, that might boost the pair.
It broke out above 112.50 and I think it will continue moving north to 113.00 at least.
114 my target
on longterm 130~