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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/JPY bounced up support, possible bounce!

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Price is bouncing up 1st support at 107.573, a bounce could occur.

Entry :107.573

Why it's good : 50% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

Take Profit : 108.12

Why it's good :horizontal pullback resistance

61.8% Fibonacci extension

61.8% Fibonacci retracement

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The material has been provided by InstaForex Company - www.instaforex.com