USDJPY: Retracement from Critical Level
The USDJPY seems overbought after yesterday's bullish rally.
The pair could retrace from the marked blue daily resistance level, with a potential target around 156.48.
Moreover, a double top pattern on the hourly chart provides additional confirmation.
The pair could retrace from the marked blue daily resistance level, with a potential target around 156.48.
Moreover, a double top pattern on the hourly chart provides additional confirmation.
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