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USDJPY 30min Analysis March 3rd, 2021

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Forex_League_Analysis  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
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trendanalysis
Trade Scenario 1: Bearish - For us to go short we need to see price fall below 106.950. We will then wait for a retrace and for 106.950 to act as resistance. We will enter on strong bearish setups, first targeting previous lows around 106.700.

Trade Scenario 2: Bullish - For us to go long we need to see price break above 107.100. We will then wait for a retrace and for 107.100 to flip as support.
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