USDJPY Eyes Further Downside Pressure On Price Failure

1444 days ago via FXTechstrategy    Discuss    Business
USDJPY: With price action remaining weak and vulnerable to the downside, USDJPY eyes further downside pressure. This price development is coming on the back of its failed attempts on the upside. While the pair holds below its key resistance zone at 123.66/74 levels, further weakness is likely. On the downside, support comes in at the 122.50 level where a break if seen will
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