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Dec 6, 2021 4:12 PM

USDJPY Top Formation As 10 Year US Notes Are Trying To Recovery Short

U.S. Dollar/Japanese YenFXCM

Description

10 year US notes coming out of a channel, possibly starting to make a higher degree correction which can limit the upside for USDJPY. Nice resistance on USDJPY is at 114 where A-B-C rally can come to an end, at the former wave four, and somewhere around 50-61.8% Fib retracement levels.

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