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USD/JPY Price Movement For May 12, 2020

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The 4-hour chart liquidity void (107.47-106.95) acts as a magnet area for the USD/JPY pair. As long as this pair does not break out and close above the buy stop liquidity pool at 107.78, it will continue to fill the next 4 hour chart liquidity void (106.79-106.36).

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