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PrimedGroup
Jul 30, 2021 8:05 AM

🐻 USDJPY continues a short-term bearish trend Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is currently bearish based on our analysis of the 4H and 1D charts.

Price is making lower lows and lower highs in the current run on the 4H and has rejected key levels on the 1D, it is however approaching a major support in the price area of 109.000

The current resistance is 109.585.

We are also long on AUDUSD:


And long GBPUSD:


wishing you luck and a happy Friday
Comments
Mihai_Iacob
Best post!Thanks a lot
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