Forex: Japanese Yen

The US Dollar found support at ¥80 Japanese Yen. A 63-day Twiggs Momentum trough high above zero would indicate a strong up-trend. Recovery above the declining trendline and resistance at ¥82 would strengthen the signal. Failure of support is unlikely but would test primary support at ¥76.

USD/Japanese Yen

* Target calculation: 84 + ( 84 – 80 ) = 88

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