USDJPY Daily Analysis - September 7, 2016

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 07 September 2016 06:01 UTC
USDJPY broke below 102.80 support, indicating that the upward movement from 99.52 had completed at 104.31 already. Further decline to test 99.52 support is possible in a couple of days, a breakdown below this level will indicate that the long term downtrend from 125.85 (Jun 5, 2015 high) has resumed, then the following downward movement could bring price to 95.00 zone.

usdjpy chart

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