Скачать или смотреть USD/JPY: Strong Japanese GDP

This morning, official data showed that Japan's 3Q annualized GDP rose 21.4% on quarter, above +18.9% expected.
On a quarter basis, Japan's GDP rose 5%, vs 4.5% expected, it stood at -8.2% the previous quarter.
JPY has posted a strong rebound.

The pair has struck against a declining trend line and stands below its 50-day moving average.
The daily RSI is reversing down.
A first target would be set at horizontal support at 104.00 and a second one would be set at November bottom at 103.10.

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