Dear traders,
USD/JPY is at support. We could see the move up if it bounces
If the price can’t break below the right shoulder we could see a bounce. The 113.00 zone is protected by buyers. At this point the USD/JPY is still bouncing. Below 113.00 watch for 111.65. However a bounce will target 114.24 and eventually 114.94. Today is Friday so watch for profit taking in the afternoon.
The Analysis has been done with the Black Widow system.
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