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USDJPY Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:48 UTC
USDJPY broke above 121.62 resistance, and continued its upward movement from 116.13, and the rise extended to as high as 123.26. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed, then next target would be at 135.00 area.

usdjpy chart

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