USD/JPY Puts in a Short-term Top

Top: The USD/JPY fell sharply during the 5/23 Asian-European session. It is establishing a top, but is challenged by some support factors during the 5/23 US session. We have a rising short-term trendline, a support pivot at 101.23, and the 101 handle. The market appears to have found some temporary…

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USD/JPY Puts in a Short-term Top

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