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AlkalineFX
Aug 12, 2020 5:56 AM

USDJPY - Key Structure 

U.S. Dollar/Japanese YenFXCM

Description

We are now facing a key structure area for USDJPY, we may begin to see rejection from here. If we see signs of clear rejection we could enter a sell position down into the 105.500 region. However, if we manage to break this key zone to the upside we will be looking for a buying opportunity when the price re-tests the structure.
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