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U.S. Dollar / Japanese Yen

USDJPY near demand zone

122
A high probability that the price will retest the demand zone after a downward break of 121.648. The market found resistance at 121.945 . Only the upward break of 121.945 would cancel the bearish scenario and take us LONG.
ryancubilla
Chart Patternsusdjpyanalysis

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Chart Patternsusdjpyanalysis
ryancubilla

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.