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USD/JPY Technical Analysis

USD/JPY Technical Analysis

On the daily chart below, we can see that the market broke the 134.50 resistance with conviction. The breakout of the falling channel should lead to a big correction to the 142 level, but before that, there are strong swing levels to break like the 134.50 level and the fundamentals need to be in favour of the USD.

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Posted: Mar 1 2023, 09:44
Author Name: forexlive
Views: 110896

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