USD/JPY bears carving out a bias front side of bearish trend USDJPY Currencies DollarIndex Fed BOJ
, USD/JPY Price Analysis: Bears in the market, eye the 133.20s, whereby the 1-hour chart, showed that the M-formation´s neckline aligned with the 133.70s and resistance, we have seen this play out as follows:It was also stated that ´´a subsequent move to the 133.20s could be on the cards if the bears stay committed over the coming sessions.´´
For now, the price is being resisted and falling away while being front side of the micro bearish trendline. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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