The trend for UsdJpy is clearly bearish with the pair putting in lower highs since the recent top of 111.50
Now the pair is correcting the recent drop and a break under 107.50 would signal that this correction is over.
Only a daily close above 108.50 would negate this scenario and give reason for a pause
Now the pair is correcting the recent drop and a break under 107.50 would signal that this correction is over.
Only a daily close above 108.50 would negate this scenario and give reason for a pause
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