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24.03.2023 10:35 AM
USD/JPY analysis for March 24, 2023 - Potential for the rally

Technical analysis:

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USD/JPY has been trading downside in the background but I found falling wedge pattern in creation and potential upside movement.

Due to potential downside exhaustion and bull crosses on the oscillators I see potential for the rally.

Upside objectives are set at 130.95 and 131.70

Support is set at the price of 130.00

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