USD/JPY in a Bearish Profile from 110.62

May 29,2019 17:47   Source:Earnforex
The US dollar versus the Japanese yen currency pair tried to establish an ascending move, but to no avail as the 110.27 resistance is heavily defended by the bears. Long-term perspective After the bearish confirmation of the important resistance area of 112.20 on April 25, 2019, the price dropped and printed a new low as it almost touched 108.90. From there, an appreciation emerged, but it was a short lived one as 110.27 forced the print of a lower […]

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