USDJPY Daily Analysis - August 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 29 August 2016 11:37 UTC
USDJPY failed to break below 98.97 (Jun 24, 2016 low) support and rebounded strongly from 99.52, indicating that the downward movement from 107.48 had completed. Further rally could be expected in a couple of days, and next target would be at 106.00 area.

usdjpy chart

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