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USDJPY News

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Last Updated Date: 24 August 2021 @ 9:41 AM (UTC)
*Please note that all the dates are in GMT time zone

Yesterday’s spike from a new high alerts for a near term peak and we should be on guard for corrective setbacks. A close under 109.11 will extend a correction to attack 108.72 support for a short term top. If trade holds 109.30, then residual bull forces will attempt secondary rallies. Closes over 110.20 or punch over 7109.88 projects to 111.65.

Resistance 2    110.20
Resistance 1    109.92
 

Support 1          1.09.46
Support 2          109.14


 
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