USD/JPY Likely To Extend Declines, US GDP Next

The US Dollar was in a major uptrend before it faced a strong barrier near 113.00-113.10 against the Japanese Yen. The USD/JPY pair declined sharply and broke the 112.00 support area. Looking at the 4-hours chart, the pair fell below the 112.40 and 112.00 support levels. During the decline, the pair…

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