USD/JPY Breakout; Former Resistance is Support Near 102.50
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“After tightening for most of February, the USDJPY gapped lower to begin March. Still, near term conditions remain of the range variety.”
-“A rally towards 103.45/85 remains favored as long as price is above the February low.” Look higher.
LEVELS: 102.26 102.52 102.79 | 103.12 103.44 103.85
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