USDJPY News

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Last Updated Date: 25 March 2021 @ 7:45 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar gained 0.2% to 108.905 yen, another safe-haven currency, as the pair continued to consolidate below 109.

USDJPY Market is short term friendly, pressing the drive to reach 109.22. Trade is positioned to extend rallies and close over 109.20 could trigger a couple day blow off 109.85. Any corrective dips will likely hold 108.30 to maintain upside momentum forces. Close under 108.30 is bearish.

Resistance 2        109.22
Resistance 1        108.94

 
Support 1             108.50
Support 2             108.22


 

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