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Forex Analysis Details

USDJPY ready to take upside correction

  • PUBLISH BY: RAJ | Technical Analysis
  • 02 Jan, 2020 9:53am

According to daily chart this pair now in major daily support level where it’s trying to form triangle pattern for long term. Horizontally this currency pair already hit major support level at 108.5 levels and from this area we can expect upside momentum towards 109 levels as a first target.

Key Support Resistance Level:

Support 1: 108.56

Supports 2: 108.46

Resistance 1: 108.79

Resistances 2: 108.88

Pivot: 108.67

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