AnalizForexTechnical analysis of USD/JPY

Technical analysis of USD/JPY

The USD/JPY prices have fallen in recent trading sessions and have broken the ascending trend levels on the four-hour timeframe, closing below them. If the price remains below these levels at 134.45 and stays stable below them, there will be a strong opportunity to sell with targets of 134.00 and then 133.70. However, if the price rises and breaks these levels, any opportunity for a decline will be cancelled.

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