USD/JPY Selling Tests Support Around 98

Sell-off: The USD/JPY continues to retreat from the 100 handle. The 1H chart shows a broken wedge as price dips, reflecting at least some short-term profit-taking after a bullish April so far (as well as a bullish trend started in Oct/Nov. 2012). As we get closer to 98.00 we should probably see at…

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USD/JPY Selling Tests Support Around 98

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