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USDJPY News

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Last Updated Date: 16 March 2022 @ 9:32 AM (UTC)
*Please note that all the dates are in GMT time zone

The medium term trend remains up, but trade is fighting to hold and rebounded off the 117.70 target. Market action alerts for a potential bottoming turn. We may see dips around 117.70, but a close under 117.70 is needed to renew bear pressures ⇒ 116.30 support for the Yen to fluctuate between the 116.00 - 115.00 for a while. After that the USDJPY shall hit new highs above 118.80 - 119.00.

Resistance 2      118.80
Resistance 1      118.52
 

Support 1           118.06
Support 2           117.70




 


 
 
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