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USDJPY Analysis

U.S. Dollar / Japanese Yen (FX:USDJPY)  
ChartingFx  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Fibonacci
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trendanalysis supportandresistance fibonacci
On the daily chart USDJPY has recovered sharply. Now price testing fibo 50% level. A strong rejection from this level indicate furthur weakness of this pair. On the other side if price can't hold this level we can expect the price at 61.8% level. This is very strong resistance for USDJPY. From here we can see the drop of price.

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