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USDJPY






5/23/2017 3:26:07 AM

USDJPY - Technical Analysis: Tuesday, 23/05/2017 07:26 GMT



The USDJPY pair continues to move within narrow range, and still keeps its stability below 112.00 level, to keep the negative pressure valid on the intraday basis, waiting to test 109.94 initially, reminding you that breaking this level will push the price to visit the next correctional level at 107.88.

We should note that surpassing 112.00 will push the price to attempt to recover and head to test 114.54 mainly.


Target
Risk


Support
Resistance


Trend Bearish

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