Prepared by Jamie Saettele
As mentioned in recent days, the drop below 8185 puts the bullish bias
in inquiry. The USDJPY has rallied off of a trendline but faces
resistance from former support in the 8200 region. The pair is best
described as range bound until a break of 8090 or 8321. Based on the
patterns in the crosses, I have my doubts about the upside.
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Source: Dailyfx.com
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