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USDJPY News

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Last Updated Date: 15 March 2021 @ 7:54 AM (UTC)
*Please note that all the dates are in GMT time zone

Although the USDJPY Pair status is extremely overbought, the market is bullish still, with last week’s pressing rallies hitting likely target levels up against the 109.50 June high. A close over 109.50 will spark additional buying for a run beyond the last June high 109.85. If trade continues to be stopped against 109.30, be on guard for a flip to corrective setbacks / congestion. A close under 108.50 signals a topping turnover.

Resistance 2      109.49
Resistance 1      109.21

 
Support 1           108.75
Support 2           108.50


 
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