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FX.co ★ USDJPY H1: Double Bottom

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Technical Analysis Patterns

14 April at 11:00AM (UTC+0)
Signal strength 4 of 5

USDJPY H1: Double Bottom

Double BottomThe Double Bottom pattern has been formed on USDJPY H1. Characteristics: the support level 142.26; the resistance level 143.29; the width of the pattern 103 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 104 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by USDJPY