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USDJPY Weekly Analysis - April 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 April 2016 07:39 UTC
USDJPY broke above the downward trend line on daily chart, indicating that the downward movement from 123.75 had completed at 107.63 already. Further rally could be expected over the next several weeks, and the target would be at 115.00 area. Support is at 107.63, only break below this level could trigger another fall towards 100.00.

usdjpy chart

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