We use a range of cookies to give you the best possible browsing experience. The chart shows a bullish trend after a long period of consolidation. For more in-depth analysis, check out the Q3 Forecast for Japanese Yen. Forex Economic Calendar A: Trading the Economic Calendar. At this point, I think longer-term traders are probably stepping to the side.
Despite dipping to last week, USD/JPY drew solid support from % retracement of to at and rebounded. break of suggests that correction from has completed at already.
USD/JPY Video 25.06.18
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USD/JPY recovered to last week but reversed since then. The development suggests that correction from is in progress and could have started the third leg. Initial bias is mildly on. USD/JPY’s correction from short term top extended to last week and formed a temporary low there. Initial bias is neutral this week first. As long as minor resistance holds. Get latest market information about USD/JPY pair including USD JPY Live Rate, News, Dollar and Yen Forecast and Analysis We use a range of cookies to give you the best .