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09:47, 04 марта

USDJPY

Risk appetite is lower after the surprise FED interest rate cut. So this leads to appreciation on JPY. We follow 107.60 as a resistance level in short term. However 108.90 is the key resistance level for the pair.  

Resistance levels: 107.60 – 108.30 – 108.90 
Support levels :  106.80 – 106.45 – 105.60