Corrective Cycle In USDJPY

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Mar-18 14:05By: Taso Anastasiou

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* The trend direction in USDJPY remains down and short-term gains are considered corrective. * The 20-day EMA has been breached and this signals potential for a climb towards resistance at the 50-day EMA. * Note that the Mar 3 high is at 151.30. ...