NEW IDEA FOR USDJPY
The possibility of the Japanese yen to grow due to strengthening expectations for an interest rate increase by the Bank of Japan
Dollar/yen has formed a downward angle pattern in the four-hour time frame, and now, provided that there is no closing of the four-hour candle above the resistance of 150.03, it can decrease to the 50% Fibo support in the range of 145.97.
Dollar/yen has formed a downward angle pattern in the four-hour time frame, and now, provided that there is no closing of the four-hour candle above the resistance of 150.03, it can decrease to the 50% Fibo support in the range of 145.97.
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