ForensicForex

USD/JPY Nov 7th 2023

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OANDA:USDJPY   美元 / 日圓
Hello Traders!

UJ has created a swing low formation below the monthly opening price.

Studying bullish month we often see this as a turning point for higher prices.

Price also fails to break the most recent swing low and creates a higher swing low.

If yen keeps devaluing over the days and weeks DXY should be more sought after

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