One Last Chance for the Bulls on USD/JPY

May 13,2019 04:55   Source:Earnforex
Under the 110.27 support area and still with an overall bullish bias, the US dollar versus the Japanese yen currency pair has what it takes for yet another upwards move. Long-term perspective After the decline etched by the confirmation of 112.20 as resistance on April 24, 2019, the price pierced the first major support at 110.27 and made a new low — at least for the time being — at 109.46. Of course, one could say that after such […]

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