The old double-bottom pattern is building in USD/JPY in the 80.90 area. A break of yesterday’s 81.66 high suggests a 76 pip rally should play out….Offers are seen in the 82.00 area, traders report.
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A move through 81.65/70 should signal a near-term bottom in USD/JPY
A move through 81.65/70 should signal a near-term bottom in USD/JPY
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