USD/JPY Technicals – Breaking Multiple Support but 96.0 Firm

USD took yet another beating yesterday, sending USD/JPY below a sequence of significant trendline en route to the Mar swing high of 96.8, which price is in the midst of breaking. This decline in USD was observed together with the moderate rally in US Stocks, with S&P500 gaining 0.85% while DJI up by…

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USD/JPY Technicals – Breaking Multiple Support but 96.0 Firm