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U.S. Dollar / Japanese Yen

USD/JPY Outlook: Break of Uptrend Line Suggests Further Weakness

By ahmed19998
Updated
The USD/JPY pair successfully broke the uptrend line and retested it, at the same time. The RSI indicator signals negative momentum. The expectation is that the decline will continue, with the price reaching 154.71, provided it does not break above 185.67. Stability above 185.67 is required.
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The deal has been activated
Trade closed: target reached
Gann SquareTrend Analysis
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