USD/JPY: Potential bearish reversal after making new highs

USD/JPY made new highs yesterday but is now making new lows, moving below the hourly support at 101.83 (16/05/2013 low). Monitor the support at 101.26. An hourly resistance is at 102.68 (intraday low). • The break of the resistance at 99.95 has validated an ascending triangle with an imp…

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USD/JPY: Potential bearish reversal after making new highs

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