USDJPY Support has been found @111.00
In my last analysis for the pair, I was looking for downside acceleration following break and re-test of 111.65. However, the pair has found support at 111.00 and bulls have now taken 111.65. From now, the technical picture is unclear from my point of view, but I will be looking for a reaction at the upper boundary of the channel within which the pair has been oscillating.
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