USD/JPY FOREX TIPS FOR PROFIT EARNING

 

Broad based US dollar retreat appears to have stalled over the last hours, allowing a tepid-bounce in USD/JPY back towards the mid-point of 113 handle, with strong offer seen lying at 10-DMA barrier of 113.54.

Earlier today, USD/JPY rapidly retreated from 113.72 highs after the US treasury yields came under pressure.

Current Exchange rate of USD/JPY pair is 113.44.

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It is recommended to BUY.

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