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USDJPY News

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Last Updated Date: 22 July 2021 @ 9:44 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is sliding back into bear trending and positioned to attack last Friday’s reversal low. A close under 109.70 projects a larger selling wave to 109.06 - 108.30. Any corrections trapped inside 110.64 narrow congestion day will maintain bear forces. A close over 110.80 is needed to signal a reversing / bottoming turn.

Resistance 2       110.79
Resistance 1       110.51
 

Support 1            110.05
Support 2            109.70


 
 
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