Outlook on USDJPY
I have been monitoring USDJPY for quite some time now and I believe we are likely to see some sell offs in the JPY considering the current overbought situation on other dollar pairs nevertheless we could also see an uptrend if we see something significant above the major level of resistance created.
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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.