USD/JPY Current price: 95.85. Break above 95.50 trigger some bullish momentum in the pair early Asia, as better than expected macro news trigger some risk appetite and yen safe haven sell.
With hourly hours a bit exhausted, yet bigger time frames suggesting further upside in the session, expect some downside correction to the 95.50 zone before a new rise to the 96.10 zone. “Break above this last, will confirm the pair continuation north,” said Valeria Bednarik.
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