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Short-signal

USDJPY💲Correction📈USD / JPY forecast suggests an attempt to test the support level near the 109.75 area. Where can we expect the pair to continue to grow to the area above the level of 115.95. An additional signal in favor of the rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option for the pair will be a fall and a breakdown of the level of 107.35. This will indicate a continued decline in the pair with a potential target below the 104.05 area. Have a nice trade!
Short
by TradingAlchemist
4
USDJPY💲Shopping area📈USD / JPY forecast Dollar Yen October 7, 2021 suggests an attempt to test the support area near the 110.65 level. Then, the continued growth of quotations to the area above the level of 112.85. A test of the trend line on the relative strength index (RSI) will be in favor of raising the pair. Cancellation of the growth option will be a fall and a breakdown of the 110.05 area. This will indicate a breakdown of the support level and a continued fall in the pair with a potential target below 108.25. Have a nice trade!
Long
by TradingAlchemist
3