USD/JPY Price Analysis: Bears are on the prowl USDJPY Technical Analysis
The bears will be looking for a weekly close below 134.50.
above. There are prospects of a move towards the 137.40/50 for the foreseeable future while the support structure holds up.On the other hand, bears will be keen on a retest of the bull's commitments at 134.50 and should they break below with little fight from the bulls, then we could be looking at a very different scenario for the days and possibly weeks ahead:
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