Analysis on November 15: will prices increase or decrease?
The USDJPY is experiencing a sharp decline as the USD weakens significantly, acting as a major resistance for the currency pair. The peak of 151.7 has proven insurmountable, and USDJPY is now on its way to finding new momentum below the key support level of 149.00. If the currency pair responds well to the upward pressure from this support level, we can expect a price increase.
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