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kentinvest
Mar 19, 2020 11:00 AM

USDJPY Long

U.S. DOLLAR / JAPANESE YENICE

Description

USD/JPY has broken a strong resistance line and is now showing good growth. Now, I expect that the price will roll back to the support line, after which growth will begin to the upper two resistance lines. pair is now trading above the 61.8% retracement of its latest daily slump at 108.00.
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