USDJPY Technical Update – Week Of April 29th/May 3rd

Dollar/Yen has found significant resistance at the psychological 100.00 handle round number area and closed the week around 200 pips under this area; this comes as market participants likely instigated an element of position covering due to the failure to take out the 100.00 handle. …

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USDJPY Technical Update – Week Of April 29th/May 3rd