USD/JPY Technical Analysis.
Currently, USD/JPY is trading at 108.51. The pair started a new up trend after breaking resistance level at 107.86. The price was consolidating in the resistance and support wedges before starting new up trend. It is moving towards its first target which is at 109.06 and if it crosses the first target it may also hit the second target at 109.80.
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Rishikesh Lilawat
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Thank you,
Rishikesh Lilawat
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