USD/JPY is near the lower boundary of the upward channel

The USD/JPY pair, after the dollar correction on the expectation of an employment data in the US and the decline of stock indices on Wall Street, unloaded a significant overbought and returned to a significant support zone: 113.40-60, from which it is worth considering buying transactions. Goals and resistance are located at levels: 114.50-30 and 114.80. The support is the marks: 113.40 and 113.00.

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Hanzenko Anton

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