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USDJPY News

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Last Updated Date: 10 February 2022 @ 8:18 AM (UTC)
*Please note that all the dates are in GMT time zone

Market is short term friendly, pressing the drive to reach 116.02. Trade is positioned to extend rallies and close over 116.02 could trigger a couple day blow off 116.35. Any corrective dips will likely hold 115.30 to maintain upside momentum forces. Close under 114.85 is bearish.

Resistance 2      116.02
Resistance 1      115.74

 
Support 1           115.30
Support 2           115.00


 
 
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.