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24.05.201805:38 Forex Analysis & Reviews: Daily analysis of USD/JPY for May 24, 2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

USD/JPY

The bias on the USD/JPY pair has turned completely bearish and the market is supposed to be going downwards, reaching the demand levels at 109.50 and 109.00. About 180 pips have already been lost this week, and the market may even go lower than that. The strength of JPY has already been showcased on the JPY pairs.

Exchange Rates 24.05.2018 analysis

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