After the recent top at 115.50, UsdJpy dropped aggressively and reached 112.50 support zone.
From here a rebound has followed at this moment the pair is reversing from 113.50 zone resistance.
I think we will have a new leg down from this point and the first target for sellers can be 112.50 recent low, but I wouldn't be surprised if UsdJpy drops under 112
From here a rebound has followed at this moment the pair is reversing from 113.50 zone resistance.
I think we will have a new leg down from this point and the first target for sellers can be 112.50 recent low, but I wouldn't be surprised if UsdJpy drops under 112
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