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Forex pairs in this Article » USD/JPY
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Talking Points

  • Prices put in a Bullish Engulfing candle pattern, hinting at gains ahead
  • Breaking above 104.93 (23.6% Fib exp.) targets 106.23 (38.2% Fib exp.)
  • Near-term support is at 102.85, the January 13 swing low
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-jpy_body_Picture_11.png, Forex: USD/JPY Technical Analysis – Rebound Stalls Below 105.00Daily Chart - Created Using FXCM Marketscope 2.0

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