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USD/JPY Analysis - page 47

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Ari Goldman
775
Ari Goldman  
Good move to the upside, healthy looking to go above 111 next week!
WS2017
42
WS2017  
Usd/Jpy short-term remains positive, immediate resistance around 110.50, I'm expecting further gain if the pair break above the resistance level.
Diana Jackson
637
Diana Jackson  
It pulled back from 110.50 and is developing a correction for the moment. I think it may drop to 109.00.
Diana Jackson
637
Diana Jackson  
It reached 109.00 as I thought it may and it even dropped below that level. 108.20 - 108.40 looks like a solid support zone though, so I think it may rally back to 110.00.
mtllc
58
mtllc  

USD/JPY found the exit of the consolidation zone. US bulls are back in the game and are aiming 109.50.

Diana Jackson
637
Diana Jackson  
It pulled back from 110.50 and I think it returned within the range, as it has not broken out below 108.30.
Diana Jackson
637
Diana Jackson  
The pair is still range-bound between 110.50 and 108.30, let's see whether there will be a proper breakout today.
Ari Goldman
775
Ari Goldman  
Got in and got out, the US mess could expand and people could flock to JPY instead of USD.
Diana Jackson
637
Diana Jackson  
The pair is still range-bound and since today there are neither USD nor JPY-related news coming out I don't think the range will end before the market closes.
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