USD/JPY probes three-day downtrend above 113.00USD/JPY refreshes intraday low to 113.20, down 0.03% on a day following a three-day downtrend as Tokyo opens
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USD/JPY breaks range and drops to one-month lows near 113.00The USD/JPY is falling on Monday for the third day in a row and it reached at 113.07, the lowest level since October 12
USD/JPY drops to 113.10USD/JPY passed previous low level zones before consolidating by retracing back up to the 113.66 level.
USD/JPY to plunge towards the 111.66 July high on a close below 113.26USD/JPY stays relatively quiet around mid-113.00s on Monday. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank
Japanese Yen Technical Analysis: USD/JPYUSD/JPY made a high in mid-October at 114.701 that was just shy of the November 2017 peak of 114.735. These 2 levels may offer resistance on a move higher.
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USD/JPY Technical Outlook is Shape-shiftingLast week we were discussing the developing wedge formation in USD/JPY. That pattern didn’t really form a tight apex and is on the verge of getting busted