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KQMarkets
Mar 11, 2020 1:05 PM

USDJPY - Long Above Key Support Long

U.S. Dollar/Japanese YenFXCM

Description

We feel there is upside potential for USD/JPY as long as the currency pair doesn't drop below key support at 104.2. However, if the impact of the coronavirus worsens we could see USDJPY dropping rapidly and even falling below the 100 psychological level.
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