USDJPY Weekly Analysis - January 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 January 2016 07:29 UTC
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 120.00. Further decline would likely be seen in a couple of weeks, and next target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards 130.00.

usdjpy chart

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