USD/JPY Technical Analysis – Forecast today

usd_jpy_forex_3USDJPY, “US Dollar vs Japanese Yen”

The USDJPY pair has completed a growth wave towards 155.95. Today the market is forming a consolidation range around this level. With an upward escape from the range, the potential for a rise to 156.46 could open, and once this level is reached, a decline wave targeting 154.54 could begin. This is the first target of the decline wave.

USDJPY

Origin: RoboForex

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