Breach of 109.4350 could mean a start of a bearish trend on USD/JPY

USD/JPY has broken through a line of 109.4350. If this breakout holds true, we expect the price of USD/JPY to test 108.8557 within the next 11 hours. 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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Breach of 109.4350 could mean a start of a bearish trend on USD/JPY

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