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40x15y

USDJPY Weekly Analysis

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
40x15y  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
2
2
trendanalysis
With the UJ action today, hitting 109.58 area seems more probable. This will be a good area to take profits or watch for a reversal.

Another scenario is we go past 109.58 resistance area and push for the weekly trendline near 112.
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