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020822 USDJPY-Noon

by | Aug 2, 2022 | USD/JPY | 0 comments

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses.

 

Resistance level: 131.65, 133.10

Support level: 130.40, 129.35