Well, let's go to analyse the chart of USDJPY , as you can see, the price has entered an Institutional Support (IS) range, this range is from 142.55 to 143.10, now our initial expectation is that the price will react positively to this level, in this case We consider scenario one and two, these two scenarios have common targets to a large extent! But for the third scenario to happen, it is necessary to break and consolidate below 142.5 !

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👤 Arman Shaban : ArmanShabanTrading
📅 09.18.2022
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AUDUSDChart PatternsEURUSDGBPJPYGBPUSDTechnical IndicatorsNZDUSDTrend AnalysisUSDCADUSDCHFUSDJPYXAUUSD

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