USD/JPY rebounded after dipping to 129.49 last week, but failed to break through 134.49 resistance decisively. Initial bias remains neutral this week first. On the upside, firm break of 134.49 should confirm short term bottoming, and bring stronger rise to 138.16 cluster resistance (38.2% retracement of 151.93 to 129.49 at 138.06). However, break of 129.49 […]
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