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FX.co ★ Technical analysis of USD/JPY

Technical analysis of USD/JPY

USD/JPY:

Technical analysis of USD/JPY

The chart shows the movement of USD/JPY in the four-hour (H4) chart.

Comparing the recent movement to that of June 19's, it is clear that the pair continued to decline, extending the downward trend that has been going on for days. The nearest target is £135.65 for $1.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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