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USDJPY News

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Last Updated Date: 3 September 2021 @ 8:54 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is staying contained within a bear flag formation. The market is short term bearish and yesterday’s close leaves trade poised for follow through selloffs, suggesting a wash towards the 109.40 - 109.30 low. Only a close over 110.42 stops the downturn and signals for a retracement phase.

Resistance 2       110.42
Resistance 1       110.14

 
Support 1            109.68
Support 2            109.40


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