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If you’re long USD/JPY you should be aware of the rapidly approaching level of 156.5280

The price of USD/JPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

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EUR/USD has broken out from the Channel Down pattern. Expect it to hit 1.0732 soon.

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