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After testing 108.0630 numerous times, USD/JPY is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of USD/JPY towards 108.0630 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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After experiencing a 19.63% bullish move in the space of 10 days, nobody knows where BTCAUD is headed.

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USD/JPY Target Level: 108.0630

USD/JPY Target Level: 108.0630

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