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U.S. Dollar / Japanese Yen
Long

USDJPY - Testing Support Level, Potential for a Rebound

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USDJPY has arrived at a significant support zone and is currently retesting this level. While the support seems to be holding for now, the market sentiment still appears cautious. If we see further confirmation of a bounce, such as bullish candlestick patterns or increasing volume, there could be potential for upward movement. However, it's important to monitor the price action closely, as a breakdown below this level could invalidate the bullish outlook.
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Beyond Technical AnalysisChart PatternscurenciesdollarForexTrend AnalysisUSDJPYDJ FXCM Indexyen

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Beyond Technical AnalysisChart PatternscurenciesdollarForexTrend AnalysisUSDJPYDJ FXCM Indexyen
WaveRiders2
WiVERIDERS
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.