Today News: USD/JPY [23 Nov 2021] - Dailyforextrading.net

USD/JPY forms double tops near 115.00

USD/JPY refreshes intraday low to 114.73 even as
traders in Tokyo cheer Labor Thanksgiving
Day’s holiday on Tuesday.

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Not much standing in the way of USD/JPY
hitting 115.00 and beyond

Today's dip in equities has been bought once again
and it's tough to see that paradigm coming to an
end in the final weeks of the year.

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USD/JPY Could Head Lower

USD/JPY is in a bearish momentum and is potentially
forming a head and shoulders pattern. We see a dip
from our pivot at 114.303 in line with 50%

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Japanese Yen Technical Analysis: USD/JPY

USD/JPY made a new high when it took out the peak
of November 2017. It has since consolidated and
traded within the 112.727 – 114.971

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Japanese yen is falling a bit

The latest comments from the Japanese government
are really worth paying attention to the country’s
authorities approved a new stimulus package

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