USDJPY: Towards 118.320
Since FED did not decide yet when to increase its interest rate but since this will not occur during the summer time, but September 15 at the earliest. Since there is no macro economic move on the US side, USD may loose grond against JPY before FED decides any action. Therefore the Ichimoku confirm the trend that it is on the downside with 118.32 that may be very much the target.
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