By ForexMansion.com

 

USD/JPY had a bearish day today, but stopped just short of breaking below the hammer printed the day before. Because of this, it still looks like it is trying to find support, but isn’t convinced yet. The bears will have to watch out for the central banks, and as such should only have a limited amount of time to run. The bulls are looking more long-term, and should prevail – sooner or later.

Originally posted here

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