Forex Week in Review – Korea’s Fire Exchange Weakens the Yen

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USD JPY has broken the 83.97 resistance line and now is on a bullish sentiment. Look for the currency pair to target the next major resistance line of 85.91, if its able to stay above the 82.77 support line. The fire-exchange between North and South Korea has caused investors to seek other avenues, which caused drop in major Asian currencies.

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