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Mar 26 - 04:55 PM

USD/JPY - Uptrend Consolidates, Awaits Breakout Signals

By Randolph Donney  —  Mar 26 - 02:40 PM
  • USD/JPY uptrend consolidates just below 2023/22's 151.92/94 peaks

  • Third straight day with higher lows affirms the uptrend

  • Yet to close above 100% Fibo off 140.27-5.98 base at 151.69

  • A daily range above there and 152 would eye the 161.8% at 155.22

  • Daily and weekly Ichimoku formations are bullish

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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