USDJPY Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:17 UTC
USDJPY stays in the upward price channel on daily chart, and remains in uptrend from 115.56. Further rise would likely be seen over the next several weeks, and next target would be at 130.00 area. Near term support is at 123.00, only breakdown below this level could bring price back to the bottom of the channel.

usdjpy chart

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