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ElenaMayi
Jun 29, 2022 4:21 PM

USDJPY (Upward above 135.40) so will reverse then will go up ag Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY , the price now at the sensitive zone so if can break this price will get more upward to reach the resistance since October 1998 so it is a huge inflation in Japan

i expect for the general direction it is Bullish du to the inflation and highest record since 1998

and technically chart it is possible to make a reverse to down and if can stable above 135 will be again uptrend
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so will reverse then will go up again if can stable above 135.40 especially if break the 1998 resistance line
Comments
HussamFX
I think it’s going to hold on 136.580 level making a double top level dropping down!
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