USDJPY – Daily Forex Technicals by ForexHound.com May 22nd

USDJPY daily chart: the pair broke on the lower side of a bullish channel and after a retest of the support trendline it moves towards the 102.50 base; trading so close to this important support level we can expect a push below it, a push that should be the confirmation of a bigger move down aiming once again at the 100 round number. USDJPY daily chart: the pair broke on the lower side of a bullish channel and after a retest of the support trendline it moves towards the 102.50 base; trading so close to this important support level we can expect a push below it, a push that should be the confirmation of a bigger move down aiming once again at the 100 round number.

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