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FX.co ★ USDJPY H1: Double Bottom

USDJPY H1: Double Bottom

Double BottomThe Double Bottom pattern has formed on the USDJPY H1 chart. Its support is at 152.90, its resistance is at 154.43, and its width is 153 points. A break above resistance may confirm a trend reversal, with the first target projected 147 points away.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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