USD/JPY’s pull back from 139.37 extended lower last week but stayed above 134.73 support. Initial bias stays neutral this week first. On the downside, firm break of 134.73 will confirm short term topping, on bearish divergence condition in 4 hour and daily MACD. Deeper fall would be seen through 55 day EMA to 126.35/131.34 support […]
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