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USDJPY News

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Last Updated Date: 11 May 2021 @ 8:35 AM (UTC)
*Please note that all the dates are in GMT time zone

Trade is in a sideways situation, leaving the market on the balance level between bull / bear trend forces. A close over 109.30 implies rallies to 109.75 / 109.96. A close over 109.96 is very bullish. Be prepared for additional near term dips and consolidation back inside Friday’s range, but trade should try to hold near 108.33. A close under 108.21 is bearish.

Resistance 2       109.30
Resistance 1       109.02

 
Support 1            108.56
Support 2            108.25



 
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