Focus stays on rising channel floor (now at 158.14) in USD/JPY. Sustained break there will argue that fall from 163.97 is already correcting the whole rise from 139.87, and target 155.01 cluster support (38.2% retracement of 139.87 to 163.97 at 154.76). Strong rebound from the channel support will keep the rally from 139.87 intact. But […]
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