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Thursday, July 08, 2021

USDJPY bearish scenario:

USDJPY bearish scenario:

In this pair, technical analysis shows a technical figure Rising Wedge . The Triangle has broken through the support line on 09/07/2021. USDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 38 days with a target of 107.69. If you decide to enter this position, experts say your stop-loss order should be placed at 111.66.

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