As for this pair by itself, if we can break above the ¥112 level, we are very likely to go looking towards ¥114 above. By contrast, if we break down below the ¥110.50 level, we will test the ¥110 level, and then possibly the ¥109 level after that. That being said, the pair seems to have less resistance than support in the vicinity, so that should always be paid attention to.

Chart PatternsHarmonic PatternsTrend Analysis

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