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USDJPY News

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Last Updated Date: 5 October 2021 @ 9:25 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is triggering a short term upturn, looking for attempts to extend rallies and attack the previous swing high peaking levels. A breakout over the 111.48 swing high signals a stretch to 112.07. Minor corrective dips should only last 1-2 days at this stage of the drive and likely fight to rebound from 110.70. A close under 110.40 is bearish and suggests a secondary selling wave.

Resistance 2       111.42
Resistance 1       111.14

 
Support 1            110.70
Support 2            110.40


 
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