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USD/JPY Outlook

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by , 07-24-2022 at 04:34 PM (251 Views)
      
   
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USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.
Intra-day H4 price is on secondary correction by trying to break 200 SMA to below for the primary bearish trend to be started with support level at 135.55 as a possible target to re-enter.

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