financialmarketsalgorithms
Short

USDJPY- Bears have upper hand after tepid CPI

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
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USDJPY             has broken support on 4 hr             chart. Next level of support of 111.73. Stop @ 113.5. Target 110/110.5 range. KST             has moved into negative zone as well supporting the bearish view.
Comment: Touched a low of 110.65. Closing trade.
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