Aurum Markets Blog Technical Analysis USDJPY approaching resistance level

USDJPY approaching resistance level

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USDJPY is moving towards a key resistance level at 152.3030. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.

Supported by Upward sloping Moving Average

Target: 152.303 Entry: 151.96 Stop: 151.8241

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