USDJPY – Down
During the previous trading day on Friday, the US Dollar rallied to the upperside and is still showing signs of continuing to the upperside. As it is right now, I am waiting for a break and close above 147.846 and may likely continue to the upperside on this chart, I am looking at nothing but a possible rally upwards and may see rally towards 148.90 towards 150.00 or even higher. A rebound from 147.846 and may rally to the lowerside.
Wait for a break above 147.846 to pick a buy position.
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