USDJPY Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:52 UTC
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 107.67. Resistance is now at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 105.00 area.

usdjpy chart

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