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FX.co ★ USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

The spot ratebroke yesterday through resistance at 83.00 resulting in a strong acceleration. A pull back seems to start before resumption of upward movement.

According to previous events, the market indicates a bullish opportunity on the levels of 83.00 with a 1st objective of 83.70, then 83.90. A break of 82.80 would invalidate this scenario.

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