There is a huge overbought on USD/JPY after weeks of buying.
the price failed to break the resistance level 136.72 and break the 1h up trend.
I think the pair will back to 131.5 level as a pullback
the price failed to break the resistance level 136.72 and break the 1h up trend.
I think the pair will back to 131.5 level as a pullback
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.