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U.S. Dollar / Japanese Yen

USD/JPY Outlook

By bcombs95
Updated
Price is currently sitting on a major support in the 110.230 area. If it breaks through and closes below, expect s continued downside trend. It may also bounce back off of the 110.230 support and climb its way back up to the 112.000 resistance area
Comment
currently sitting at a minor resistance; there may be a small pulback to the sell side (watch your Fibonacci levels), but it will continue to the 112.000 major resistance
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