USDJPY News

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Last Updated Date: 29 March 2021 @ 7:15 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is bullish with yesterday’s rally hitting the expected 110.30 target. The formation still suggests advances and a surge over 110.30 implies a run to 110.80. Near term trade may ease back into flagging congestion, but staying over 109.30 keeps trade biased to the upside. A close under 108.80 (SAR) is needed to start a bear turnover.

Resistance 2       110.30
Resistance 1       109.95

 
Support 1            109.50
Support 2            109.21


 

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