USDJPY – Down
Yesterday, US Dollar rallied higher and even went below a daily resistance line 110.639. While the price is above this line, I expect a surge to the upperside with an ideal take profit at 111.00. If this take profit is taken out, then the price will likely continue to the upperside withg a take profit at 118.00. Sell positions can only be recommended in case the price breaks below 110.639, in case of this break, then a rally to the lowerside is expected. Technical Levels Resistance levels
101% Double the volume
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