Monday, June 23, 2014

USD/JPY Candlesticks and Ichimoku Analysis

Dollar's near term sideways trading is likely to continue and as long as indicated support at 101.43 holds, prospect of another rebound remains, above resistance at 102.80 would add credence to our view that recent decline from 104.13 has ended at 100.82 last month, hence consolidation with mild upside bias



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