Update: USDJPY stops the negative effect

Economies.com
2015-03-30 17:28PM UTC

The USDJPY pair rallied upwards clearly to breach 119.30 level and attempts to hold above 120.00 barrier now, which makes us stop the recently suggested negative scenario to wait the daily candlestick close according to 119.30 level, as turning back to trade below it will reactivate the bearish trend on the intraday and short term basis.

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