The currency pair fluctuates in the downtrend channel
The correction that started at 131.34 continues and the USDJPY technical outlook remains unchanged. The pair could move lower, but the bearish correction is expected to be limited by the key support of 125.09 and the price will return to the upside.
From the buyers’ point of view, if the partial resistance of 129.77 is broken, USDJPY will be ready to re-strike at 131.34.
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First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Vc0100, Saint Vincent & the Grenadines.
+44 (745) 814 8133 , +44 (204) 577 3336
+44 (204) 577 3336 www.ClimaxPrime.org [email protected]
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