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The multi-week decline of the USD/JPY from the 28 March high of 151.21 has stalled today, supported by US President Trump’s “big progress” in US-Japan trade talks. The US/Japan implied interest rate policy curve trajectory continues to narrow, which supports further yen strength. Watch the 147.30 key medium-term resistance on the USD/JPY. This is a […]

The post USD/JPY Outlook: Relief Bounce in US Dollar Before Yen Strength Resumes appeared first on Action Forex.

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