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USDJPY Analysis – May 9, 2023

USDJPY has been in a consolidation phase for the downtrend from the high of 137.77. The pair has been in range trading between 133.49 and 135.80, and further consolidation could be expected in the near term. If the resistance at 135.80 holds, the downtrend could be expected to resume, with a breakdown below the rising … Continue reading "USDJPY Analysis – May 9, 2023" The post USDJPY Analysis – May 9, 2023 first appeared on Forex Market Analysis - ForexCycle.com... Read More
Posted: May 9 2023, 01:07
Author Name: forexcycle
Views: 102161

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