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26.09.2023 07:28 AM
USDJPY H4 | Falling to support level?

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The USD/JPY chart displays a bearish trend. The price might react bearishly at the 1st resistance (149.02) influenced by a swing high and the 161.80% Fibonacci Extension, potentially dropping to the 1st support at 148.47. Another key support is at 147.94, while the 2nd resistance is at 150.19, both highlighting potential reversal points.

Dean Leo,
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© 2007-2025
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