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Updated on 18/02/2020 at 07:00 AM GMT

USDJPY

The pair moves inside an uptrend on the medium term and bounced up from level 109.65 which represents as horizontal support level on the short term which support the continuing of the uptrend and by breakout level 109.96 will support the pair to targets level 110.13 then 110.30 and the RSI indicator shows by bouncing up from level 30 the oversold area the increasing of the probability of continuing the uptrend and the stochastic indicator shows by bouncing up from level 20 the oversold area the increasing of the probability of continuing the uptrend

Resistance levels

109.95, 110.13, 110.30, 110.60

Support levels

109.65, 108.80, 108.30, 107.76