Update: USDJPY breaks the support

Economies.com
2015-10-02 13:01PM UTC

The USDJPY pair declined strongly to break 119.55 level and attempts to hold below it, which activate the bearish trend scenario on the intraday basis, targeting 118.25 level as a next main station.

 

Breaking 118.90 level will confirm continuing the expected bearish bias, and closing the current four hours’ candlestick below 119.55 will reinforce these expectations.

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