Dear Traders
USDJPY recovered well from lower levels after volatile movement on Thursday. USDJPY currently trading at 113.53 with 0.29% of gain in prices. Technically on 4 hrs chart USDJY having a strong support at 112.50 and Resistance at 114.90, according to Fibonacci Retracement (See Image). USDJPY traders advise to BUY USDJPY above 113.50 with the stop loss of 112.50 and wait for the target price of 114.80.

Thanks
Forexblast

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