Technical Analysis: USD/JPY - Tuesday, Dec. 16
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USDJPY met the target of 154.90 and managed to hit a few pips below it.As we see over the chart, as long as the market remains above 154.45, another rebound toward 156.15 and higher could hit the market.Below 154.45 more of a drop toward 153.20 and maybe lower is likely. SUPPORTRESISTANCELEVEL1154.45155.45LEVEL2153.20156.15LEVEL3151.55156.95More By This Author:Intraday Analysis - Tuesday, Dec. 16US November NFP And CPI To Weigh On DollarSilver Tops New Record As Metals Remain Bullish
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