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USDJPY - H4

The USDJPY 4-hour chart shows a significant rise in recent days. Therefore, we can expect the price to rise to the first resistance level at 109.65 and see the downtrend. The next resistance is 110.15 if the price is able to break through this price range. The downside target for this pair is at 108.65. This trend can also be predicted in the RSI indicator.

The most important support lines for the USDJPY currency pair are as follows:

S1 : 109.07

S2 : 108.81

S3 : 108.68

Pivot Points : 109.21

R1 : 109.45

R2 : 109.67

R3 : 109.83

Indicator Analysis :

Up Signal :

STOCH(9,6)

ADX(14)

CCI(14)

ATR(14)

Highs/Lows(14)

Ultimate Oscillator

ROC

Bull/Bear Power(13)

Descending signal :

MACD(12,26)

The most important political economic news of the currency pair in the coming days are as follows:

February 5 : The United States publishes the rate of change in employment and the jobless in the United States

February 6 : Unemployment rate added to previous US list

February 7 : Average yearly earnings of US citizens



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