USD/JPY is likely to extend gains further

EUR/USD: Another moderate euro-loser was added yesterday. The micro-term move off yesterday’s low looks correctional and back under 1.3289 would indicate extension beyond yesterday’s low and set focus on the 21day equilibrium, now at 1.3225 and further down the Aug2 low of 1.3188.

Read the full report: Technical Alert

 

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