USDJPY News

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Last Updated Date: 4 August 2021 @ 9:41 AM (UTC)
*Please note that all the dates are in GMT time zone

Overall the market remains in the bear trend and still within the framework of sideways lower flagging congestion. Corrections that fail to close over 109.77 keeps the trend bias down. A close under 108.50  would open up a downturn for a larger bear wave to 107.40.  A close over 109.77 reverses out the downturn and starts a drive to 110.58.

Resistance 2    1.1250
Resistance 1    1.1250
 
Support 1          1.1250
Support 2          1.1111 
 
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