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USDJPY discounted scenario is highly promoted

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Dolar A.S. / Yen Jepun (FX:USDJPY)  
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FX:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Harmonic Patterns Technical Indicators USDJPY optionsstrategies intradaytrade Forex Technical Analysis signals longsetup
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Dear readers, The continuous weakness of the USD is the only suitable scenario to prevent the USD/JPY exchange rate from continuously rising. At the time of writing, the price is trading below the resistance level of 150.80.

If the downward trend continues to be stable on the 1-hour timeframe, there is a high expectation for a price decline to the level of 149.100.
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