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7/11/2017 12:02:14 AM

USDJPY - Technical Analysis: Tuesday, 11/07/2017 04:02 GMT



The USDJPY pair shows slight rise after confirming surpassing 114.00 barrier, to approach gradually from our waited target at 114.54, reminding you that surpassing this level will open the door to continue achieving gains on the short term and medium term basis, and the next targets will reach 118.66 areas.

Thus, the bullish trend will remain expected for the coming period unless the price fell under negative pressure to break 112.50 then 112.00 levels and settling below them.


Target
Risk


Support
Resistance


Trend Bullish

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