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USDJPY News

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Last Updated Date: 16 February 2022 @ 1:47 PM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is staying contained within a bear flag formation. Stable action over 115.80 is near term friendly. However, a close over 116.08 is needed to secure a turnaround and launch a drive to higher levels. Yesterday’s drop off warns for a roll back to lower prices. A close under 115.05 will rekindle bear trending selloffs that will attack under the 114.30 swing low.

Resistance 2       116.08
Resistance 1       115.80
 

Support 1            115.34
Support 2            115.06


 
 
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