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Breach of 109.2020 could mean a start of a bearish trend on USD/JPY

USD/JPY has broken through a line of 109.2020. If this breakout holds true, we expect the price of USD/JPY to test 108.9864 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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