USD/JPY Technicals – Bulls above 100.0 vs Bears below 100.5

After breaking 100.0 on Monday US trading, with 99.0 tested briefly, price has mostly been in a strong uptrend that allowed USD/JPY to retake 100.0 once more. Hourly Chart The 100.0 level happens to be the confluence with the descending trendline when it was breached during early European trad…

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USD/JPY Technicals – Bulls above 100.0 vs Bears below 100.5

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