USDJPY’s downside movement extended to as low as 108.60. A further decline to test 108.13 is still possible, a breakdown below this level could take the price to 105.00 area. Resistance is now at 110.94, only a break of this level could trigger another rise to retest 115.50 resistance.
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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