USD/JPY is at present situated above the 2011 lows and feeling just like there might be an extension of the major down trend; this is dependent on a continued break of 76.00 transpiring.
Forex traders will nonetheless be suspicious of intervention at these kind of levels and that should be thought about in any analysis. A combination of the Fe100 expansion shown on the included chart when combined with the key round number 75.00 offers a prospective target if a breakout through the recent range, towards the downside, will come to be.
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