USDJPY is circulating around known zone for couple of months and it is expected to continue the same till FED's decision on Interest rate. Please find below the chart analysis,
Monthly chart:
- It clearly shows the strong price action near 124 price range, as 2007 data declined at the same level. Hence it will be considered as a strong Resistance
- Price around 115 range has been a strong support for this pair, as there is no threat yet to go below this area.
Weekly chart:

- Weekly cha…
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