USDJPY News

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Last Updated Date: 30 April 2021 @ 10:16 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is triggering a short term upturn, looking for attempts to extend rallies and attack the previous swing high peaking levels. A breakout over the 109.43 swing high signals a stretch to 109.96. Minor corrective dips should only last 1-2 days at this stage of the drive and likely fight to rebound from 108/.50. A close under 108.00 is bearish and suggests a secondary selling wave.

Resistance 2       109.43
Resistance 1       109.15
 

Support 1            108.72
Support 2            108.40


 


 
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