USD/JPY’s correction from 131.34 continued last week and overall outlook is unchanged. Deeper decline could be seen this week, but downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the correction is finished and […]
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