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USD/JPY | US Dollar to Japanese Yen Trading Analysis

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USD/JPY | US Dollar to Japanese Yen Trading Analysis

Written by: PaxForex analytics dept - Tuesday, 12 May 2020 0 comments

The currency pair is trading at 107.62 and keeps moving within the growth frame. USD/JPY is moving above the upper boundary of Ichimoku Kinko Hyo Cloud. This indicates that there is a bullish trend. The correction is expected to develop.

USD/JPY, 30 min

Pivot: 107.37

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