FOREX CALL: SELL USDJPY BELOW 132.50 TARGET 132.20 STOPLOSS 132.80
The USD/JPY pair struggles to capitalize on the previous day’s late rebound from the 132.00 round-figure mark and remains on the defensive through the early European session on Friday. The USD/JPY pair struggles to capitalize on the previous day’s late rebound from the 132.00 round-figure mark and remains on the defensive through the early European session on Friday. The pair currently trades around mid-132.00s, nearly unchanged for the day, and seems vulnerable amid the prevalent selling bias around the US Dollar (USD).
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