USDJPY Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:15 UTC
USDJPY failed to break below 98.97 support, indicating that lengthier consolidation for the downtrend from 123.75 (Nov 18, 2015 high) is needed. Range trading between 98.97 and 107.48 would likely be seen over the next several weeks.

usdjpy chart

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