Tradepipsforex

UsdJpy defines its fate on 109.3

FX:USDJPY   U.S. Dollar / Japanese Yen
From my TA, UJ actually shows bearish divergence signs and it built small double tops on lower time frame, several signs of slowing down bulls. However, price closed above 109.3 means bulls aren’t done yet. Strong bullish candles above this level will drive UJ to 112.3 and maybe final target is 115. Price below 109.3 will bring it down to 107 and 105.
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