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Goldsignal75
May 4, 2022 12:37 PM

USDJPY grinds sideways Long

USD/JPYOANDA

Description

USD/JPY grinds sideways amid pre-Fed trading lull
The major grinds sideways as traders stay wary amid pre-Fed trading lull. Some consolidation ahead of the potential breakout.

Technical indicators support the current bullish stance. A hawkish outcome from the Fed will propel the pair higher.
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