USD/JPY: Since the down inner trend line on the Weekly chart was
February 24, 2021 03:22 PM
BULLISH
Daily Trading Range:
USD/JPY:
Since the down inner trend line on the Weekly chart was broken to the upside I expect the USDJPY to coninue Bullish. There is also an UP ABCD swing on the Daily chart but price is too close to the FIb 1.618 at 105.50 to justify any Bullish trades.
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Daily Support and Resistance
Resistance 3: | 108.1300 |
Resistance 2: | 110.7000 |
Resistance 1: | 113.5000 |
Current Price | 106.9300 |
Support 1: | 111.0000 |
Support 2: | 99.8600 |
Support 3: | 93.0000 |
