Look to next level of resistance if ~111.4x is regained. Otherwise, we may visit ~108.2x in a week or two.
Note
As expected, the temporary weakness in USD/JPY was only a consolidation. We have a bit more to go before we hit resistance. Above 112.183 today would be very bullish. Expect a lower-low if it holds. Great setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.