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FX.co ★ Daily analysis of USD/JPY for May 24, 2018

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Forex Analysis

2018-05-24T03:38:52
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Daily analysis of USD/JPY for May 24, 2018

USD/JPY

The bias on the USD/JPY pair has turned completely bearish and the market is supposed to be going downwards, reaching the demand levels at 109.50 and 109.00. About 180 pips have already been lost this week, and the market may even go lower than that. The strength of JPY has already been showcased on the JPY pairs.

Daily analysis of USD/JPY for May 24, 2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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