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U.S. Dollar / Japanese Yen

USDJPY

217
USDJPY

The primary trend on this pair is a downtrend down so far. We have reached an area where we possibly could have a pullback. There is an area around the 27.2 on the Fib that could get retested. There is also the chance of the downward trend line being retested as well.

Price could reject after testing the first level of support and continue the downtrend.
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Multiple Time Frame AnalysisPivot PointsSupport and Resistance

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Multiple Time Frame AnalysisPivot PointsSupport and Resistance
TKProphet
Join our Community Learn, Earn, and Grow!!
linktr.ee/Tkprophet
Also on:

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.