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USD/JPY Price Rally Might End If Japan Reacts to Yen’s Weakness

The USD/JPY has hit 135.00 for the first time in twenty years, fueling concerns over the yen’s weakness. Japan’s top officials are ready to “respond appropriately” to the yen’s weakness. The RSI shows a bearish divergence in the 4-hour chart. The USD/JPY price fell as investors took profits at 135.00, pushing the pair lower on … Continued
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