Today News: USD/JPY [16 Nov 2021] - FXsources

USD/JPY could reach 120.00 by early 2023

Improving growth prospects in Japan do not necessarily

correspond to improving Japanese currency prospects

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Will the USD/JPY price rebound resume?

The technical analysis of the USDJPY price chart

on 1-hour timeframe shows USDJPY

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Bulls spike to critical 114.30 resistance

The following illustrates the prospects of a run all the way

to the cycle highs near 114.70 for the sessions ahead 

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More bullish daily confluences you
can shake a candlestick at

USD/JPY rallied again on Monday, showing the bullish

for the price following a very strong move last Wednesday

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Finds resistance in 50-hour SMA

Since the middle of Friday's trading hours, the USD/JPY

has traded between the support of the 113.74/113.81

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