In this ForexLive video, we analyze the recent price action of the USDJPY, which has dipped into a swing area on the daily chart and subsequently experienced a bounce. The swing area's support level has held, signaling the resilience of buyers, who continue to exert control over the currency pair. Join us as we closely examine the implications of this bounce and discuss potential scenarios for the USDJPY going forward. Stay informed and make well-informed trading decisions in the dynamic forex market with our technical analysis. |
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