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USDJPY 2-11-2023 .

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USDJPY 2-11-2023 .

The prices are trading near the lower boundary of the upward channel after falling from important resistance levels. The upper limit of the channel matches with the crucial resistance zone around 150/152 range. Prices are facing selling pressure in this area, limiting the upward momentum. It is expected that the selling pressure will persist at the aforementioned resistance zone until it is successfully penetrated to the upside.


148.75 148.20 147.90
Resistance 152

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