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USDJPY: False breakout, more debasement in store

Posted by Amir El Araby On 11/9/2017 1:07:50 PM In Technical_Analysis

By examining the daily chart of USDJPY pair, we can notice how bulls failed to clear the significant resistance drawn in the 114.50 regions, while the psychological level of 115.00 continued to cap the upside actions successfully.