USD/JPY drew support from mentioned 61.8% projection of 85.51 to 79.56 from 82.22 at 78.54 and recovered. But still further fall is expected sooner rather than later with 79.85 minor resistance intact. Below 78.47 should target 100% projection at 76.27 and then 75.98 low. On the upside, touching of 79.85 USD/JPY Mid Day Outlook

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Filed under: Action Forex Market Outlook

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