USDJPY: Technical Correction Is Expected

Looking at USDJPY’s chart, we can see that the FX pair has been upward, mainly due to the dollar getting stronger in the past months.

Looking at USDJPY’s chart, we can see that the FX pair has been upward, mainly due to the dollar getting stronger in the past months.

Today it is traded close to its highest level above 139 so a technical correction could be expected towards the level of 137.

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USDJPY


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