USDJPY

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USDJPY

The primary trend on this pair is a downtrend down so far. We have reached an area where we possibly could have a pullback. There is an area around the 27.2 on the Fib that could get retested. There is also the chance of the downward trend line being retested as well.

Price could reject after testing the first level of support and continue the downtrend.

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