USD/JPY has reached 2-weeks low

USD/JPY has reached 2-weeks low

Following the release of US Fed and Bank of Japan interest rate decisions, the USD/JPY dropped by more than 70 pips. On the H4 chart of USD/JPY, we may place the resistance levels at 108.98, 108.69, 108.44 and 108.25, while the support levels may be located at 107.96 and 107.67.

Post USDJPYH4 October 31 2.png

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