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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDJPY 12.11.2024

Technical Analysis
Tuesday, November 12, 2024 - 11:33
Point Trader Group
USDJPY 12.11.2024

Overall Trend: The trend shows stability near the resistance level of 154.43, with sideways movement.

Expected Scenario: If the price breaks the resistance at 154.43, it may continue to higher levels.

Alternative Scenario: If the price fails to break the resistance, a decline toward the support level at 151.95 could occur.

Key Levels:

Resistance: 154.43

Support: 151.95 - 149.47

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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