USDJPY 2018-01-15

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USDJPY managed early today to break below the support leverl of 110.80 which, may activate a new downtrend wave as we discussed last week. The market is facing first resistance points at 111.05-10 where, as long as the market holds below, a larger drop towards 109.50 and maybe 108.15 may occur. Above 111.10 the market may have the chance for some rebound correction, where another resistance ...

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