Dólar Americano/Iene JaponêsViés de baixa
USDJPY could decline towards 105.00
USDJPY has continued to decline consistently since early June from 109.85 levels, owing to the strength in yen; the currency pair has declined and made a low of 104 in the second half of September, from where USDJPY has rebounded to hit a high of 106.12 (on 7th of October). The pair currently stands at the resistance of a downward sloping trend line where it could face resistance to drop towards 105.45 and 105.00 in the near term while it sustains below 106.35.
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Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
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