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USDJPY 01.07.2024
General trend: up.
Expected scenario:
The pair is trading at the highest strong support level around 159.75 yen, which enhances the chances of rising to 162-163.22 yen.
Alternative scenario:
The scenario turns bearish with a break of 159.75, targeting 159-158 yen.
The most important levels
Resistance:
162.00 – 163.22
Support:
159.75 – 158.00
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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