USD/JPY: The current general bias for USDJPY on the H4 chart is bullish. Overnight, price retraced downwards from the 1st resistance at 149.343 where the 161.8% Fibonacci line is located. If this bearish retracement continues, expect price to head towards the 1st support at 147.410 where the 127.2% Fibonacci line is located. Areas of consideration: […]
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