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USDJPY Technical Analysis - A move under 119.30 will turn us negative on USDJPY
25 March 2015, 21:11
![Sergey Golubev Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
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USDJPY
- USDJPY has come under fairly steady pressure since failing earlier in the month near 122.00
- A move under 119.30 will turn us negative on USDJPY
- A move back through 121.20 is needed to re-instill upside momentum into the exchange rate
- Very minor turn windows are seen
Instrument | Support 2 | Support 1 | Spot | Resistance 1 | Resistance 2 |
---|---|---|---|---|---|
USDJPY | 119.30 | 119.50 | 119.50 | 120.20 | 121.20 |