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PAIR – USDJPY ( NINJA)

TIMEFRAME- 1D

BIAS- BEARISH

Ninja, up trending for nearly 200 days losing momentum with the today’s candle stick. May bounce off 114.2-30 areas then we should expect bearish moves. 114 is a key zone with  multiple historic rejections. 114.2 is  the Fib line, we expect it to come down to 50% retracement before going up past 114.2.

Analyst – L.S