maccabean

Possible USDJPY retracement

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
7
The USDJPY has fallen 9 days in a row, the longest falling stretch since 2011. I think that a retracement is well overdue and the last line of support before the next target will provide the excuse to move up.

I see USDJPY drops tempered by the US raising rates, possibly in April.

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