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Pick of the Day 21 April 2022 USDJPY

　　

USDJPY Intraday: the upside prevails.

Pivot Level: 127.95

Our preference:
Long positions above 127.95 with targets at 128.70 & 129.00 in extension.

Alternative scenario:
Below 127.95 look for further downside with 127.65 & 127.40 as targets.

Comment:
The RSI shows upside momentum.


Note: The information is provided for reference purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs, and does not constitute investment advice. We encourage you to seek independent advice if necessary. VT Academy will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

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