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USDJPY News

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Last Updated Date: 3 August 2021 @ 12:25 PM (UTC)
*Please note that all the dates are in GMT time zone

The market is short term bearish with trade still suggesting a breakout under the 108.80 July low. The formation alerts for washouts near 109.00. Any corrections will likely hang below last Thursday’s inside day 109.94 high and use congestion to bear flag. A close over 110.30 stops aggressive bear forces. 

Resistance 2        109.80
Resistance 1        109.52
 

Support 1             109.06
Support 2             108.80


 
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