"USDJPY LONG or SHORT?" by trader OJFX_ — published 2018-04-10

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U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis Wave Analysis Indicators and Overlays

trendanalysis waveanalysis indicator

Resistance was hit at 107.5 last week and has dropped back towards 107. A move above 107.5 could signal higher targets of 108.20. The 105 area remains a key support with any break below could mean further downside towards 103.

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