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USDJPY Market Outlook-12 July 2018

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USDJPY Market Outlook-12 July 2018

USDJPY enjoyed a bullish move since the formation of 5 to 0 pattern. Now the question is how far it can go. Initially the PRZ Type B level was penetrated without too much hesitation. Our concern is if USDJPY can go bit further to test the Supply Zone with strength 4. At least it is good to know that there is supply zone near the current USDJPY for your trading.

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