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USD/JPY Under Bearish Pressure, Awaiting Fed Data
U.S. Dollar / Japanese Yen
Long
USD/JPY Under Bearish Pressure, Awaiting Fed Data
By Romio_pro
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Updated
yesterday
7
2
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2 days ago
During Tuesday's Asian session, USD/JPY is hovering near the 140.50 level, with key support at 139.570.
If the price holds above this level, it could see a recovery towards the resistance at 141.007.
EMA 34 and EMA 89 indicators are reinforcing the bearish pressure, positioned at 141.592 and 143.189, respectively.
If USD/JPY breaks above the resistance at 141.007, the next target could be 142.896.
The RSI is currently at 39.74, indicating that selling pressure remains dominant.
yesterday
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Chart Patterns
Forex
Harmonic Patterns
longsetup
SELL
Technical Analysis
Trend Analysis
USDJPY
Romio_pro
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