USD/JPY Remains At Risk of More Downsides

Today's Key Highlights: USD/JPY started a fresh decline from well above 110.50. A major bearish trend line is forming with resistance ne...


Today's Key Highlights:

USD/JPY started a fresh decline from well above 110.50.

A major bearish trend line is forming with resistance near 110.20 on the 4-hours chart.

The US GDP increased 6.1% in Q2 2021 (Prelim), up from the last 4.3%.

The US Personal Income is likely to decline 0.3% in June 2021 (MoM).

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