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  1. Skilling
  2. Technical Analysis
  3. USDJPY has broken through support
Technical Analysis

USDJPY has broken through support

Autochartist63bcf3ce57fbb77a573a00ee_en.png

USDJPY has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 130.6575 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

Not investment advice. Past performance does not guarantee or predict future performance.

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