USD/JPY Price Analysis: Bulls need to guard 132.50 USDJPY Technical Analysis
132.50/70 is key support if the thesis for a breakout above 134.00 to go higher can live on as per the weekly chart´s outlook., when USD/JPY was at 133.60, the price did indeed go on to test 134.00 ahead of the US consumer inflation that was due later in the day.USD/JPY updates
The bulls will need to commit, however, to the trendline support and preferably to above 132.50/70 for prospects of a breakout above 134.00. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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