I keep staring at this USDJPY chart. Demand is there at 79.60, but.... Gold had support at 1630;
broken yesterday. EURUSD at 1.3000,
broken Monday. Is the USDJPY the next one to drop? Risk/reward wise probably not the best idea to short now on anticipation of a move lower (this pair can be very stubborn), but the technicals are showing selling pressure becoming more aggressive. Therefore, could be a downside breakout candidate if it trades below 79.55.
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