Risks resume the decline of the USD/JPY pair

The USD/JPY pair was trading restrained in the side channel on the growth of optimism, limited by a two-week downtrend. Significant resistance was the level of 106.80-50, from which we should expect a reversal with the resumption of decline.

Sales of this pair should be considered below the level of 106.20-00.

The level opens the way to support levels: 105.50 and 105.00.

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Hanzenko Anton

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