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USDJPY Weekly Analysis - January 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 January 2015 07:25 UTC
USDJPY is testing 121.84 resistance, a clear break above this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. Key support is at 115.56, only break below this level will indicate that the uptrend is complete, then deeper decline to 110.00 area could be seen.

usdjpy chart

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