USDJPY Market Outlook – 18 June 2019

Overall forx market ended with bearish mood. Now, EURO was pretty weak against all other currency pairs. USDJPY was rather quite with moderate trading volume. At the moment, USDJPY is making the short term bullish move after the formation of AB=CD pattern. I have outlined the important support and resistance derived from Potential Continuation Zone of AB=CD pattern.

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